Tag Archives: extend and pretend

Is the 9-Year Long Dead Cat Bounce Finally Ending?

The term dead cat bounce is market lingo for a “recovery” after markets decline due to fundamental reversals. Markets tend to bounce back after sharp declines as participants (human and digital) who have been trained to “buy the dips” once again buy the … Continue reading

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Guaranteed Financial Security Is a Fantasy

Guarantees based on extracting higher taxes, borrowing trillions of dollars and creating trillions more out of thin air only guarantee eventual systemic implosion. It is difficult for those living through tectonic social and economic shifts to recognize the passing of … Continue reading

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The Catastrophic Costs of Extend-and-Pretend Are About to Crush Europe

Like a star which has expanded and now cannot maintain its grand state, Europe’s extend-and-pretend economy is now poised to experience a supernova implosion. The costs of ill-conceived policies are always paid by someone–usually those with the least political power. … Continue reading

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