Page 5 - Traumatized World News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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

The Federal Reserve is reassuring us daily that  inflation is temporary, but allow me to assure you that  wage inflation is just getting started and will accelerate rapidly. As I noted yesterday, the Fed can create currency out of thin and funnel it to financiers, but the Fed can't create experienced, motivated workers out of thin air or entrepreneurs with the chops to launch and sustain real-world enterprises. Let's start with a funny little thing called  competition, which has been pushing wages down for the past 50 years. Globalization means  you're competing with every other worker ...

But weirdly, and irrationally, bubbles pop anyway. At long last, the moment you've been hoping for has arrived: you're pitching your screenplay to a producer. Your agent is cautious but you're confident nobody else has concocted a story as outlandish as yours. Your agent gives you the nod and you're off and running: Writer: Two guys start a cryptocurrency as a joke to parody the crypto craze, and they name it KittyCoin. It goes nowhere but then the greatest speculative bubble of all time takes off, it's the dot-com and housing bubble times 100 but in everything, and within a couple months th...

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

Events that devastate the majority financially greatly enrich the few who bet on non-linear dynamics. I see the same question in forums, threads, articles and emails: what can I do to protect myself and my family from whatever lies ahead? Given the uncertainties and extremes that are so evident, recognizing risk is a useful first step, a recognition that is very much out of fashion. If we glance at the charts of margin debt (loans taken against one's stock portfolio) which is at record highs... ...and short interest (bets that stocks will drop) which is at record lows... ..., it seems the p...