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Aug 2, 23 | #134 | Did the US just have a Bermese python moment

“Everything ends badly otherwise it wouldn’t end.” Brian Flanagan Good morning I’m Austerity Jones and welcome back to Bygone Relics. I am here with C Thomas Printer who is deathly afraid of snakes.  Thank you and good morning Austerity.  That is correct, but I’m not sure we needed to send this out to the world …

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Aug 6, 23 | #135 | The US got a new credit card! 

Welcome Back to LBLF for week of Aug 6.  Austerity has been pulled back into the business world and we wish her well, but we will miss her.  Without further delay let’s Look Backwards at the items that caught my eye over the last week.  Ratings Agency Fitch has downgraded the Us Credit rating from …

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Jul 30, 23 | #133 | Pension tension

This week at CTPC, we looked at Teamsters’ inability to make pension payments. We also followed Barbenheimer, Messi’s Inter Miami debut, FED raising another 25 bps, coup d’etat in Niger, and the US stock market. Looking Backwards Yellow blames Teamsters for its inability to make pension payments Barbenheimer Lionel Messi scores free-kick winner in Inter …

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Jul 27, 23 | #132 | What goes up, can go up for a long time

At this week’s Bygone Relics show we tried to be optimistic. Do you think we succeeded in doing so? Let me first tell you a story about a dumpy looking little Mexican boy that grew up to launch Fernando mania: Fernando Valenzuela didn’t look like an athlete, he had a weird wind up, before throwing …

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The Open Championship at Royal Liverpool

Well hello there… pour yourself three fingers of the good stuff and sit on down.  We are ready for the last major of the year.  I don’t like compressing the majors into 4 months but they didn’t ask me.  The PGA wants to fit its disaster of a playoff into the fall schedule so the …

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Jul 23, 23 | #131 | The American consumer is running out of money

This week’s Looking Backwards Looking Forwards show is discussing, among other things, whether the American consumer will remain resilient. Looking Backwards NY Fed report finds Americans increasingly facing borrowing headwinds Carvana stock is up 1000% this year, leaving short sellers with a $2 billion loss White House cocaine: US Secret Service ends investigation Looking Forwards …

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Jul 19, 23 | #130 | Charts don’t break your heart, but markets do

At this week’s Bygone Relics show: The markets do continue their rally! So, we will never have a bad day? C Thomas responds with data. Vacation is over and so for the last two weeks we have discussed Lionel Messi and his suffering and his ability to overcome suffering.  Why you might ask?  Sometimes you …

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Jul 16, 23 | #129 | What was the purpose of Bitcoin?

This week’s LBLF show is taking us through latest in Bitcoin, AI, and Inflation. Looking Backwards Quest for a spot bitcoin ETF Inflation in June Ford’s electric Mustang Mach-E is piling up on dealer lots Looking Forwards Traces of explosives found in yacht in Nord Stream sabotage investigation E-commerce CEO is getting absolutely roasted online …

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Jul 12, 23 | #128 | Messi and Argentina Part II

The US is welcoming Messi. It is a good time to remember a bit of his story. In the last piece, we left off talking about how Messi was always in the huge shadow of Diego Maradona in the soccer crazed minds of Argentina and when Messi had again lost in a Copa, this time …

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Jul 9, 23 | #127 | People are tiring of protestors

This week’s LBLF show is full of geo-political tensions… Looking Backwards UK police have new expanded powers to crack down on protests U.S. Navy says Iran tried to seize two oil tankers, fired on one German far-right AfD party wins mayor’s office amid record-high polling Looking Forwards International Energy Agency warns of higher bills this …

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