First let’s remember the basic bond prices and yields, and then let’s look into what’s next for banks and what we can do as individuals. I am unhappy, I have to talk about my least favorite subject in the world: accounting. The very bane of my existence, however so I will try and keep it …
Bygone Relics
We are discussing the hot news about the bank run of Silicon Valley Bank and also touching upon Silvergate and Credit Suisse. “I do not think you can trust bankers to control themselves. They are like heroin addicts.” Charlie Munger, vice chairman of Berkshire Hathaway First, what we had written originally for our March 5 …
We are reviewing the $1.7 trillion US government spending bill which is 4000 pages – designed carefully not to be read- ! It was passed in December 2022. We wanted to make sure you don’t quickly forget about it – because it is a gigantic foolish spending with YOUR taxpayer dollars. $153.8 billion on food …
We think that the tensions between the world powers are escalating and that we should be cautious. We remember that the mother nature should not be underestimated and that we need to be prepared. We also give you a feel-good story this week to make you smile in the midst of all the negativity. Because …
We continue digging into the material challenges around the so-called green revolution, and saying the unsayable. Last week we discussed a climate advocacy research article and study, and we can only hold them to be incompetent in their estimates which are to be expected considering they have no experience in the mineral extraction industry, but …
“The amount of copper required between 2022 and 2050 is more than all the copper consumed in the world between 1900 and 2021.” S&P Global “Someone must say the unsayable. None of these men have the guts” Margaret Thatcher This week we are digging into the material challenges around the so-called green revolution, and saying …
“Whoever controls oil, controls much more than oil.” John McCain Is the US losing its ability to control oil? Good morning, I’m Austerity Jones, and I am back with C Thomas Printer. The 150 year history of refining oil at the Philadelphia Energy Solutions refinery has come to an end as the refinery is being …
A look at California’s historical weather Good Morning, I’m Austerity Jones, and I am back with C Thomas Printer. Today we are going to discuss the soggy state of California. Good morning Austerity. The sun will come out tomorrow, bet your bottom dollar that tomorrow… California is famous for its sunshine, and it could use a …
Robert Duvall is Hollywood Royalty. It’s true. Good Morning, I’m Austerity Jones, and I am back with C Thomas Printer. C Thomas, I see here that today you got no inflation talk, no Bank of Japan talk, are you feeling unwell? C Thomas: At times, we need to learn lessons that can help us without being …
Who is in control? The FED? Or the bond market? C Thomas walks us through two opposite views of Jeffrey Gundlach and Zoltan Pozsar. You can read this episode here, or listen on Spotify, or watch on Youtube Good morning I’m Austerity Jones, and I am here with C Thomas Printer. C Thomas: Good morning …