Summary: America has a drug problem, a symptom some deeper sickness of our minds or souls. Sick people often ignore warnings that would allow them to respond and recover. So it is with nations. It’s time for us to ask what is wrong with America. America is among the most drugged major nations in the history …
America’s rising tide of drug overdoses, a symptom of deeper problems Read More »
Summary:Â We have begun a critical phase in the great monetary experiment. We know that we should stop, but our leaders fear the resulting economic shock. They fear to stop, fear to continue. There is a clear model describing this process, but one too disturbing for most people to accept: addiction. The decisions made during …
The great monetary experiment enters a new phase, with America as the stakes Read More »
Summary: A different perspective on the New America arising now. Heroin, unemployment, and inequality — bricks in the structure. I have attempted — with, I suspect, little success — to convey to you that we have left America That Once Was and begun a journey to a New America. We were relaxing by the river, …
Summary: Today America passed an important fork in the road, an easy exit from the massive monetary stimulus running since the crash. If the economy continues its slow growth (well below the 2% stall speed) today might have been the last opportunity for an easy exit. Today also demonstrated the madness that infects us, as …
Summary:Â A powerful metaphor, widely used, about this recession — the worst since the 1930’s — providing important insights. Excerpt from “Financial Heroin”, Don Coxe, Coxe Advisors, 16 December 2009: … my father was a doctor in the Canadian Army in WWII, and served in the Italian campaign. He became greatly respected for his anaesthesia …
Government economic stimulus is financial heroin Read More »
