unfaire

Thursday Outlook: Another Bubble?

Inflation is the biggest Ponzi scheme in the world. It is mostly orchestrated by the government and taking advantages by the mass except those who hold cash and those who have no recourses to take a ride on it.

Friday Outlook: Commodities, Emerging Markets

In an up-market, mark-to-market spirals up the market. But, in a down market, when combined with margin calls, it becomes a death spiral. All collateralized debt instruments will be devalued, called, devalued, called … till it is worthless and bellied up. Regardless of how we got into the mess we are in now, it is this twins that will do us in. If we do not repeal mark-to-market immediately, we ain’t seen anything yet. Where are we now in Dante’s Inferno?