
As the Bubble Deflates

Labor vs. Capital Pendulum
So there I was, my first time at PIMCO’s HQ, looking very much like a character out of Office Space in my circa 2003 khakis and button down full sleeve blue shirt.

The Real Deal—For Real
“We’re not getting high inflation anytime soon. In fact, we’re looking at a deflationary bust. So, gold isn’t going up.” Yeah, right.

MMT = The Great Society 2.0
Although I believe there should be programs to help those left behind, I also believe in the values of a meritocracy.

Mother Of All Bubbles.
I am sure most of the other ‘old-timers’ like me will agree that this isn’t a real market anymore.

Welcome to the Hotel California.
The Fed is in the Hotel California: They can check out but they can never leave.

Mother Of All Bubbles.
I am sure most of the other ‘old-timers’ like me will agree that this isn’t a real market anymore.
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“We’re not getting high inflation anytime soon. In fact, we’re looking at a deflationary bust. So, gold isn’t going up.” Yeah, right.