Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Total Economic Collapse

Historical Insanity

Lessons from the Great Depression for the Coronavirus Pandemic

I think the Great Depression is a better analogy than World War II because of the similarities between the COVID-19 pandemic and the chaos of the 1930s. Moreover, America’s reaction to the Depression could show us how we could respond to the Coronavirus.

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Politics

Why No Presidential Candidate Will Visit Beattyville

Judging by the candidates’ responses, it will take a violent upheaval of some sort on behalf of poor whites simply to attract the attention of the media and the political elite. One just hopes our leaders respond to that upheaval with compassion and common sense and not with bayonets and tanks.

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The Death Spiral

What You Should Know about Greece

Bitcoin is a real wild card here because it gives Greeks a practical alternative to both the Euro and whatever paper their government might try to foist upon them.

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