It's stunning how quickly how those who reported fantasies of a new bull market - plus the end of inflation and a recession - changed their minds.
The Roman Empire was known for its extravagant public spectacles, which diverted the public's attention from corruption, dwindling resources, and political instability.
JPMorgan Chase CEO Jamie Dimon says to prepare for the worst case, which is 7% interest rates with stagflation.
Today's tale is one of D.C., with a centrally planned socialist economy, versus Athens, the former city state and home of democracy, under capitalism.
It is possible that bond traders heard something that others did not. Nevertheless, the action in the bond market is telling and foreboding.
Despite the relentless rally in the stock market over the last several years, combined with rising interest rates, gold should have taken a beating, but it's holding its own.
The new record in world gold reserves reflects a desire by central banks the world over to diversify away from the US dollar with its ever more evident counterparty risks.
We have reached the final chapter called a Kleptocracy, where theft by the parasitic class is on full display for all to view
The only way out of a debt this size is a default, which drives up inflation; or a debt jubilee, wherein all public debt is cleared from the record.
The Fed's continuing to raise rates is going to blow the bond market sky high. It's total chaos, and the end of the Western debt-based system.