A Havenstein Moment.
Rudy HavensteinIt's not schadenfreude, it's déjà vu.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 477 | Founded | 6 years ago | Last Issue | 7 days ago |
| Active | |||||
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The elephant in the room
“There is a new common knowledge. Everybody knows that everybody knows that the way you make a killing is to bet that grifters are gonna’ grift, and nobody’s going to lift a finger to stop them.”
Rusty Guinn, 2020
Link
Scott Bessent’...
Kontrarian Korner
This was fun.
By the way, when I talk about immigration, I mean legal immigration following U.S. law. Already getting idiots (again, a non-follower) making up things I never said.
Yeah, a legal immigrant who was a U.S. military vet and is...
Everyone loves credit!
Hard to believe the year is over 58% done. Normally I like to just present stuff and let you draw your own conclusions, but today I’ll add a few random thoughts.
I think the asset-bubble volcanic dome (I’m reaching for something original)...
Disastrous, but Committed
“We’re on this course that is long-term disastrous but we’re committed to it. We’re committed to printing a lot of money to prop up stuff that rich people own, so we’re gonna play that game until it collapses on itself, which seems like a v...
Problems
“The chief source of problems is solutions.”
Eric Sevareid
Link
Warsh is a fan of “trimmed mean PCE.”1
After listening to Warsh, when I pay my bills this month, I’m going to remove the price outliers, so I won’t pay m...
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He/Haw/Xi. Reichsbank President 1908-1923. Uncategorizable. I'm anti-war and anti-kleptocracy. Posts are largely for my own amusement. "My way of joking is to tell the truth." - G.B. Shaw
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