It’s Time to come Out Of The Cave
(formerly Guerrilla Capitalism. Pardon us while we cutover to the new name)
Out of the Cave is about…
Going on a over a decade faux recovery, we are now in a scenario where central banks are essentially trapped at or near the zero bound. Market signalling is dead, fundamentals don’t matter. Markets are remaining irrational longer than anybody who seeks to eschew the “New Economy” Kool-Aid can stay solvent.
What does the contrarian minded, historically aware, rational value/Austrian minded investor do? Find out here.
The other side of interest rate suppression and financial repression is 10+ years of Cantillon Effects, where new money benefits those who receive it first, leading to an Everything Bubble where financialization and consolidation squeezes out real businesses and the middle class.
It can’t last forever and after it ends it’ll be the real businesses with real models who survive the fallout. Here we talk about being one of them.
It’s hard to imagine that socialism, “The Failed Idea That Never Dies”, is back with a vengeance and enjoying a newfound vogue among the mainstream press and even the political elite.
Make no mistake, this movement has traction and it’s gaining momentum. As always, flame out and crash in a heap ignominious failure. Until it does, things will get worse before they get better, so we’ll look at ways to preserve wealth and property through this approaching dark era.
Follow the Science! 1.2 Million COVID deaths edition
This post was originally my comment to a person on Facebook, which somebody then deleted. This person repeatedly throws out the 1.2 M deaths worldwide number and I finally lost it and posted a response to him after he scolded people for “spreading disinformation and not listening to science”. He actually told people disputing the Second Wave Hysteria to “shut up and l [...]
Enough conspiracy, let’s stick to data and science to end the lockdowns, Part 2
In part 1 I talked about two COVID-19 / Great Reset themed conspiracy theories that were spreading in Canada and why embracing or amplifying them made lockdown skeptics look like lunatics who could more easily be dismissed. There is no shortage of science and data to challenge the flawed policies of the governments whose basic playbook has been: lockdown, close economy, [...]
Enough conspiracy, let’s stick to data and science to end the lockdowns, Part 1
(Part 2 is available here) A couple of recurring conspiracy theory themes keep being circulated to me, they are specific to Canada but I'm sure these are typical across all locations. I find these maddening because there is plenty of factual, well sourced and scientifically verified counterfactuals to draw from when being critical of the near universal mishandling of pande [...]
Merriam Webster redefines word after manufactured woke outrage
After the shrieking hysterical shitshow that was the Brett Kavanaugh confirmation hearings, everybody knew that the Amy Coney Barret hearings would be contentious, given the perceived stakes. [...]