ILLUSION OF RECOVERY – FEELINGS VERSUS FACTS

There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further…

2012 – THE YEAR OF LIVING DANGEROUSLY

“In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst will unfold according to a basic Crisis dynamic…