Page 6 - Shrinking Planet News Today

OK, now I get it. Take a couple tabs of Euphorestra and Hopium, and stick to talking about making money in the market. Greed wont offend anyone. So I started to tell my buddy about my new screenplay idea: "Theres a global pandemic, and when they rush a bunch of vaccines to market, then...." "Stop right there--even talking about vaccines will get you renditioned to a hellhole in one of the stans." "But its just fiction." "You can argue with your guard in the hellhole, just before they haul you ...

The Feds casino isnt just rigged; its criminally unstable. The decay of Americas middle class has been well documented and many commentators have explored the causal factors. The bottom line is that this decay isnt random; the income of the middle class isnt going to suddenly increase at 15 times the growth rate of the income of the top 0.1%. (see chart below) The income of the top 0.1% grew 15 times faster than the incomes of the bottom 90% because thats the only possible output of Americas d...

, All of which sounds very pretty indeed, but it does raise a question: can risk really be destroyed, or can it only be transferred? And if it can only be transferred, then whats it been transferred to? What a remarkable moment in time: every asset is lofting higher, with no limits in sight. The path ahead is already well-scouted: the U.S. economy will add a million jobs a month until the cows come home, Covid will continue fading until it basically disappears as an issue, the dollar and volat...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The "wait and see" economy is about to face its moment of truth, and one truth is the $1.9 trillion being passed out like candy is already spent. The defining phrase of the U.S. economy for the past year is "wait and see": every enterprise impacted by the pandemic that didnt close immediately has been in "wait and see" mode, clinging on to the hope that once the pandemic ends then everything will roar back to life, bigger and better than before. With the promise of herd immunity fast approachi...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Even as the chirpy happy-talk of a  return to normal floods the airwaves, what nobody dares acknowledge is that  "normal" for a rising number of Americans is the  social depression of  downward mobility and social defeat. Downward mobility is not a new trend--its simply accelerating. As this RAND Corporation report documents, ( Trends in Income From 1975 to 2018) $50 trillion in earnings has been transferred to the Financial Aristocracy from the bottom 90% of American households over t...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

This madness is now global, so next up: global depression. A few days after the Covid pandemic was officially announced last year on 1/23/20, I prepared a chart projecting the course of the pandemic. In my view it still stands, with two updates:...