Tag Archives: social discord

Social Change Will Upend the Status Quo

The core narrative of the Status Quo is that nothing fundamental needs to be changed: all the problems can be solved with more “free money” (borrowed from the future at low rates of interest) and a few policy tweaks such as … Continue reading

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The Central Banks Pull Back: Now It’s Up to Fiscal Policy to “Save the World”

Have you noticed that the breathless anticipation of the next central bank “save” has diminished? Remember when the financial media was in a tizzy of excitement, speculating on what new central bank expansion would send the global markets higher in … Continue reading

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What Happens After the Low-Hanging Fruit Has Been Picked?

Right now China is at the top of the S-Curve, and the problems of stagnation are still ahead. What happens after all the low-hanging fruit has been picked? We can phrase the same question using a different analogy: what happens when … Continue reading

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