When the deepest and most liquid treasury market in the world starts bouncing around like my EKG watching Sharon Stone in Basic Instinct, we might have a problem. Barron’s had a great article by Randall Forsyth talking about a new fiscal regime or what Luke Gromen has called fiscal dominance which is that the debt …
LBLF #1 Unprofitable companies will soon be going away. Blue Apron goes away LB#2 Cities where these unprofitable companies are located will be going away. The decline of San Francisco LB#3 The crypto story is getting harder to believe JP Morgan turns off crypto in the UK LF#1 AI and other risky stocks are getting …
Good morning and welcome back to Bygone Relics, I’m C Thomas Printer. Let me tell you a little story that was made into one of the saddest movies of all-time. In 1930, the great Australian racehorse Phar Lap had won 7 straight races going into the Melbourne Cup. The big red horse won “the race …
Well hello there… pour yourself three fingers of the good stuff and sit on down. Welcome to the windy city and Rich Harvest Farms just south of the city. It is a wet day and we are playing lift clean and place today. Lush and green is how the course is looking. It has been …
LB#1 UK starts rolling back green agenda deadlines The US bailout of wind has started already LB#2 In a first, India buys oil with rupees India buys oil from UAE with Rupees LB#3 The average price to buy a home is 62% higher than renting, the highest since 2000. Renting a home is FAR cheaper …
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford in 1922 Good morning and welcome back to Bygone Relics, I’m C Thomas Printer and the reason we talked about Fordism last …
LB#1 The Governor of New Mexico wants to take away guns. The people disagreed. New Mexico governor takes away guns New Mexico is going to have trouble taking the guns LB#2 Joe Biden announced at the G20 that he is helping build a road from India to Europe. No plans on how this road would …
“Two percent of the people think; three percent of people think they think, and 95 percent would rather die than think.” Henry Ford Good morning and welcome to Bygone Relics and that quote sums up why we are here. Folks, we are the ones that will have to do the thinking. Today we are going …
LB#1 Biden cancels oil leases LB#2 Gas prices rising again LB#3 Morrocco earthquake kills over 8000 people and counting LF#1 Regional banks are still at risk LF#2 Wind Power isn’t working out in the US Wind Farms being shut down in the UK LF#3 Utilities are getting hammered
“Arrogance is the camouflage of insecurity.” Tim Fargo Welcome back to Bygone Relics, I’m C Thomas Printer and I suddenly remembered my Charlemagne and my Ilsa Schneider. Last week we speculated recklessly that China might be playing possum and appearing weaker than they are to lull us into a sense of comfort. I get the …