by Caleb Jones | Aug 15, 2018 | Personal Effectiveness, Western Collapse
There is always a contingent of the financial punditry that is screaming at the top of their lungs that a horrible recession / depression is “imminent” and that we’re all screwed. Some of these guys I actually like, and make really good points that I agree with. Peter...
by Caleb Jones | Feb 8, 2016 | Economics
As you are hopefully aware, the US economy is in a bubble. Bonds, real estate, college tuitions and loans, the stock market, just about everything right now is overpriced and ready to pop. Strangely, most of the rest of the developed world is even worse. Japan’s...
by Caleb Jones | Dec 17, 2014 | Economics
Well, it’s finally happened. If adjusted for purchasing power parity (PPP), China is now the world’s largest economy, making the United States number two for the first time in 142 years. If you put the currency of both countries on level footing,...
by Caleb Jones | Nov 3, 2013 | Economics
Several Austrian economists including guys like Peter Schiff have used what is now called the circus analogy. It goes something like this. A big traveling circus comes to a small town. All the circus people go have regular breakfast, lunch, and dinner at one of the...