• October 30, 2020

What Will Not Change

“If I have seen further it is by standing on the shoulders of Giants.”

—Sir Isaac Newton, 1675

• October 23, 2020

The Green Shoots of 2020

Those who lived through the last financial crisis might may recall the Green Shoots episode. It drew laughs on March 15, 2009, shortly after the Federal Reserve fired its heaviest artillery and, we now know, launched the longest bull market in history.

• October 16, 2020

Caught in a Debt Trap

We're caught in a trap
I can't walk out
Because I love you too much baby

• October 9, 2020

Timeline to the New Normal

Like everyone else, I am weary of this pandemic mess. I want to travel freely, enjoy dinner with friends, hug, and shake hands.

• October 2, 2020

Debt Bugs and Windshields

"There is no means of avoiding the final collapse of a boom brought about by credit expansion."

—Ludwig von Mises