Tuesday, February 10, 2009

Madoff, Madoff, Everywhere

Published in the Industrial Economist, Feb 2009

Why the Madoff issue is not an isolated incident... there are a host of other Ponzi schemes operating around us such as the Fractional Reserve Banking System as I have explained. But the mother of all the Ponzi schemes has to be the "US Economy" itself. The next few years is going to be fun for people who can understand this.

Sunday, February 01, 2009

US Economy: Dying from the Cure

Published in Industrial Economist, Dec 2008

Why the stimulus (or in reality spending) package is going to result in the death of the US Dollar before Obama ends his term. The path to hyperinflation has been set in stone and people holding on to US Dollars/Bonds or any other dollar denominated asset are going to get wiped out.