This report was originally published at Zero Hedge. Last year was bad. This year is an outright disaster. As we reported earlier using ShopperTrak data, the first two days of the holiday shopping season were already showing a -0.5% decline across bricks-and-mortar...
In Pamplona, Spain the yearly tradition is to throw yourself into an arena and run for your life as an onslaught of bulls chases you. In America, we have a similar tradition, but the bulls are replaced with human sheeple who will stop at nothing to ensure they walk...
Originally posted at Zero Hedge. While not hyperinflating, the slow and insidious diminishment of the fiat US Dollar’s purchasing power (and thus the living standards of lower- and middle-class Americans – who are not balls deep invested in the US stock...
The Black Swan Theory is used by Nassim Nicholas Taleb to explain the existence and occurrence of high-impact, hard-to-predict, and rare events that are beyond the realm of normal expectations. One example often put forth by Taleb is the life and times of the...