f you were waiting for a “black swan event” to come along and devastate the global economy, you don’t have to wait any longer. As I write this, the price of U.S. 270 more words
Back on Tuesday, I stumped you bloggers by making you try to guess who this mystery celeb mystic is, and in case you missed it, here it is again: 379 more words
From David Stockman, “The Epochal Consequences Of Woodrow Wilson’s War,” at davidstockmanscontracorner.com:
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In short, the Great Depression was a unique historical event owing to the vast financial deformations of the Great War——deformations which were drastically exaggerated by its prolongation from Wilson’s intervention and the massive credit expansion unleashed by the Fed and Bank of England during and after the war.