Tag Archives: crash

The Two Paths to Collapse

As a general rule, there are two paths to collapse: gradual erosion and sudden crash. The two are intertwined, of course; in most cases, the system slowly loses vigor, resources, efficiency, etc. (erosion) which leaves it so weakened that a crisis … Continue reading

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Aristocracy’s Immunity From Prosecution Disturbs TARP’s I.G.

Eric Zuesse For the very first time, on October 25th, a high federal official, the “SIGTARP” or Special Inspector General for the TARP program that bailed out the largest financial institutions and their top investors after the 2008 economic crash, … Continue reading

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Please Assume Crash Positions

You know how to get into crash positions, correct? Here’s your guide: Very few punters expect a real downturn here in stocks. The reasons for confidence are many: the Fed has our back, buy the dip has worked great and … Continue reading

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Bubble, Bubble, Toil and Trouble: When Authorities Buy Assets to Prop Up Markets

The actual line from Shakespeare’s Macbeth is double, double, toil and trouble, fire burn, and cauldron bubble but for the purposes of analyzing what happens when authorities prop up market bubbles by directly buying assets, bubble, bubble, toil and trouble … Continue reading

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Are We Addicted to Failure?

Like all addicts, Central Planners are confident they can manage the monkey on their back. But this is a self-serving illusion. Addiction is many things, but beneath its complexities it is a self-destructive expression of the desire to avoid or … Continue reading

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