The Importance of Being Ken

Ken – Earnest, sincere (pronunciation inscrutable) Chinese crap works right up until it doesn’t. Manufactured crap, electronic crap, diplomatic crap — it’s all the same. A building fell over in China on the same day the condo collapsed in Surfside, FL. While I know this to be true, you can… Continue reading

What Happens Next?

Alasdair Macleod has a thought-provoking article about the corner into which the Federal Reserve has painted itself.  Inflation, asset and consumer prices ( “The bubble will burst that is for sure. And when it does, $11 trillion of foreign owned equities will seek an panicked exit, not just from the deflating… Continue reading