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Why China Crushed Its Own Tech Giants
In late 2020, Beijing did the unthinkable: it attacked its own champions. Trillions in market value vanished, the world’s largest IPO was halted, and entire industries were banned overnight. Western investors called it “economic suicide,” but they were looking at stock prices while China was looking at its society. This episode explains why the “Golden […]
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Stagflation: Stagnation, Inflation, and Beyond
Since my prediction in April of 2007 of an impending economic crash, I’ve vowed not to risk my unblemished record with any further predictions. But a simple thing that I learned from the run-up to that catastrophe was when the “little people” — the “every man and every-woman” — found their way into stock market […]
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Hell in a Very Small Place
Hell: the creditor of last resort Note: While I was writing this I thought about many things I experienced and read. Then as I was posting this the title of a book I read many years ago came to mind. Bernard Fall’s Hell in a Very Small Place. Fall was and remained a sympathizer with […]
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Postmodern Tyranny: States of Deception from 9/11 to Covid-19
It’s been well over a year now since the health scare dubbed the Covid-19 pandemic has had any widespread impact upon the lives of the vast majority of humanity. Since the “fog of war” has lifted, so to speak, there has been very little introspection regarding the knee-jerk authoritarianism imposed upon humanity in the liberal […]
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