David Stockman

Another Fiscal Time-Bomb: Public Pensions Assume Perpetual Bull Market And Still Have $1.1 Trillion Deficit

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All Japanese Financial Roads Lead To The Printing Press: How The Government Pension Fund Plans A Masssive Bond Dump Into A Dead JGB Market

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How The Stock Bubble Was Inflated: Retail Leverage Plus Leveraged Corporate Stock Buybacks

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Obama Cancels More Student Debt So That Future Consumers Can Do Their Job—That Is, Borrow and Spend

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The Warfare State Goes Domestic: Police Being Militarized With War Gear Including Armored Vehicles, Combat Planes & Rocket Launchers

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Fed’s Court Jester Flip-Flops Again: Low Inflation Scold Bullard Now Sees “Inflation Moving Higher”

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Now Comes The Great Insanity: European Government Bond Rates Lowest In 200 Years, But Debts Highest Ever

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Two More Valuation Ratios Up In The Nosebleed Section: Tobin’s Q Ratio And Market Cap/GDP

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America’s Urban Desolation Row: Now Comes Buffalo

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June 2014—-Keynesian Delusions Are Peaking, Too

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