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 …
economy
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 …
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 …
These days on our planet: the US House finally having a speaker, the Japanese increasing their support for nuclear, declining European inflation, US December CPI Inflation awaited, and Silvergate being hit with $8bn in crypto withdrawals. Watch the show YouTube News of the week, handpicked for you Kevin McCarthy is elected House speaker after 15 …
These days on our planet: Biden accusing oil companies -again-, Brazil markets sinking, Australia house prices tumbling, Tesla missing market estimates of quarterly deliveries, California combating with natural disasters, low-income households of UK to receive new cost-of-living payments. Listen to our LBLF (Looking Backwards Looking Forwards) show right away because we want you to be the …
A perspective on what awaits us in the new year: Elon’s empire on the brink, oil price-supply&demand, geopolitics in China-Taiwan issue, other regional hostilities: Belarus-Ukraine, Kosovo-Serbia, and India-China, another potential hotspot: Ghana defaulting on its debt, and the big question mark: housing market. And finally, turbulences in the US: $545bn in interest in the $1.7tn …
The tricky task Jerome Powell has: taming inflation in the midst of a record deficit. Good morning I’m Austerity Jones and I am here with C Thomas Printer. C Thomas, what do you have for us today? C Thomas: Good morning Austerity. One of my favorite stories is the following. Warren Buffet asks a group of …
Argentina, the land stretching down the east side of South America and conjuring images of cosmopolitan cities, grass fed beef, Malbecs, the flat Pampas, and the mountainous Andes. It is a country full of abundant resources yet for the last century Argentina has been an interesting case economically because it could be argued that they …
We continue our discussion on the US Dollar’s future as the reserve currency. On this episode we mention world’s previous reserve currencies, how they started and ended. We then once again talk about the decision to stop the US Dollar being backed by the gold. Good Morning, I’m Austerity Jones and I am back with …
Argentina, the land stretching down the east side of South America and conjuring images of cosmopolitan cities, grass fed beef, Malbecs, the flat Pampas, and the mountainous Andes. It is a country full of abundant resources yet for the last century Argentina has been an interesting case economically because it could be argued that they …