Archive for March, 2010
The Most Important Chart of the Century
From: Nathan’s Economic Edge The latest U.S. Treasury Z1 Flow of Funds report was released on March 11, 2010, bringing the data current through the end of 2009. What follows is the most important chart of your lifetime. It relegates almost all modern economists and economic theory to the dustbin of history. Any economic theory, [...]
Full StoryIs It All Just A Ponzi Scheme?
Published December 23rd, 2009 in Fixed Income Here is the recent missive from Sprott Asset Management (written by Eric Sprott & David Franklin). It is a tad long but well worth the read. It basically explains plainly what is going on behind the Fed’s curtains to fund the massive US deficit. At first it seems [...]
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