In a letter to TLR on June 27, 2021, the "Delphic Oracle" offered predictions about America's economy, projecting ongoing asset inflation due to the Fed continuing its QE money-printing – which indeed continued – leading to higher stock prices (TINA) – which it did –,...
“The West has responded to Russia’s invasion of Ukraine by detonating its nuclear currencies. Fallout will include inflation, geopolitical instability and more.” – The Lonely Realist Vladimir Putin has set his sights on attaining immortality by following in the footsteps of Peter the Great and creating...
“One regulator to rule them all; One regulator to find them; One regular to bring them all; And with enuf freakin red-tape bind them.” – The Lonely Realist The SEC in late January proposed regulations that would impose new and costly burdens on managers of private...
“Americans are looking forward to a post-COVID ‘return to normalcy.’ If by normalcy, people expect the world to rewind to a fondly-remembered prior era, they’ve missed the turn-of-history’s-page. The past is prologue.” – The Lonely Realist If you’re a Baby Boomer, your memories often turn to...
“No one works anymore. There's no need to have a regular job and there are too many employment opportunities to choose from anyway.” – The Lonely Realist Those Americans whose role model is television character Maynard G. Krebs (The Many Loves of Dobie Gillis) are today...