We are drawing similarities between the Battle of the Alamo and our upcoming troubles: debt and defending the republic. Let’s start with what “the Alamo” is. It is a fortress and lasted almost 300 years. It was designed as a church and not as a defensive position against an enemy army, and it is made …
Bygone Relics
“A bull market is like sex, it feels best right before it ends.” Warren Buffett After the quarter-point hike from FED this week, it appears that we have come to a crossroad. Are the savers or spenders going to be rewarded? We got a quarter point hike this week, and some rather insightful and sexy …
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 …
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 …