From an Epsilon Theory perspective, the scariest, most market risk-creating event of the past 48 hours had nothing to do with Iraq, nothing to do…
I shared a dark suspicion that the life we were leading was a lost cause, that we were all actors, kidding ourselves along on a…
You think you’re alone until you realize you’re in it. Now fear is here to stay. Love is here for a visit. – Elvis Costello,…
[Jeremiah and Bear Claw hunt elk] Jeremiah: Wind’s right, but he’ll just run soon as we step out of these trees. Bear Claw: Trick to…
“He’s dreaming now,” said Tweedledee, “and what do you think he’s dreaming about?” Alice said, “Nobody can guess that.” “Why, about you!” Tweedledee exclaimed, clapping…
There were no donkeys in Guizhou until an eccentric took one there by boat; but finding no use for it he set it loose in…
Today, however, the Chinese State faces two existential threats, each stemming from or accelerated by the Great Recession and Western policy responses to that crisis of market confidence.
First, QE and other “emergency” Western monetary policies of the past five years threaten the grand political unification of Deng Xiaoping from without.
Second, massive wealth inequality and concentration driven largely by those same monetary policies threaten it from within.
And I don’t want to hear about the freaking economy, either! Sil, break it down for ’em. What two businesses have traditionally been recession-proof since time immemorial?
Certain aspects of show business … and our thing.
When I was a little kid we had a sand box. It was a quicksand box. I was an only child … eventually. – Steven…
That’s not how it works. That’s not how any of this works. – Esurance “Beatrice” commercial There’s a wonderful commercial in heavy rotation on American television,…