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Charles McRae's avatar

Doc, I am not an educated man in the traditional since, but I do study. The buddle of everything seems to align better with the 1719 England South Sea Bubble ( bust-Burst). What followed was 75yr long depression, I surely wish to be wrong. I believe we are seeing more than a flash crash at any rate. Thxs for what you do. Your comments are welcome, all the best.

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PAULA ADAMS's avatar

I'm too old to wait for my portfolio to recover from a 2008. I don't know which it will be, but I suspect it will involve more printing money.

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random individual's avatar

"We're in a bear market".

Nope.

The latest dip buying frenzy could be smelled from miles away on 'Black Monday' when NASDAQ future contracts reversed from down 6% to 3%. Of course, no circuit breaker was activated.

This market behavior is enabled by 15 years of ZIRP, and the trillions of printed money from 2008.

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Economist101's avatar

I was directed here by friends. From what I’ve read it seems as though Onge is a bitcoin enthusiast who pumps negative news about the dollar value and the government. It feels as though his bias agenda is to influence the average reader that bitcoin is the way and that dollar currency is at risk. That is not and will never be the case. I am disappointed not to read more balanced information here.

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MICHAEL STINSON, NP, MSN's avatar

We must ask ourselves what impacts the costs of everything to We the Consuming People. 1. Energy. When Energy costs increase, the cost of Everything increases. Energy costs quickly spiraled with Bidenomics/Harrisnomics. 2. The Supply of Everything to make The Everything. Covid definitely impacted this pricing factor, because, when the makers of the Supply of Everything don't go to work to make Everything,

Supplies dry up. There are many other factors decreasing the Supply of Everything. 3. Labor costs, which soared with Bidenomics/Kamalanomics. 4. Taxes on making Everything. Taxes are usually passed on to We the Consuming People, making Everything more expensive. 5. Regulations, which make the costs of making Everything increase. 6. Printing too much paper money. When Demand exceeds Supply when too much paper money is floating around our USA economy, the prices on Everything goes up.

These are but a few of the things causing INFLATION, but each has a major impact on the COSTS OF EVERYTHING. So, you must honestly ask yourselves, did any/all of these COST OF EVERYTHING FACTORS INCREASE DURING BIDENOMICS/CACKLENOMICS?

WHO ARE YOU VOTING FOR FOR POTUS NOVEMBER 5TH?

I'm voting for the businessman.

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Dr. Axel Meierhoefer 🏕️🔥's avatar

So many people are complaining that they can't pay their bills and resort to piling on more debt. Companies are rushing to start CAPEX programs to tap into government funding programs. Wars are funded with new debt and material contributions that need to be replaced at home.

Looks to me that those in charge all pretend that if they don't say it and nobody looks at it, it does not exist.

I believe we are in the very first part of winter that the Fourth Turning describes

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Stephen's avatar

If we’re to experience a 2008-redux-with-a-vengeance, will it include hyperinflationary fiat currency collapses?

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PAULA ADAMS's avatar

CBDC prep

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