Charles Hugh Smith – A correspondent who prefers to remain anonymous sent me this account of the “doom loop” that is playing out in many American cities. The correspondent makes the case that the Doom Loop is not limited to specific cities, but is a universal dynamic in all US cities due to the core causes of the Doom Loop: financialization and the multi-decade decay of cities’ core industrial-economic purpose / mission.
I have edited the text slightly, with the correspondent’s approval. Continue reading
Greg Hunter – Back in February, when everyone was predicting a Fed rate cut, precious metals expert and financial writer Bill Holter said rates would be going up and not down. Since that call, the 10-Year Treasury is up more than 30 basis points. It closed today at 4.67%. Now Holter is still calling for higher interest rates that will coincide with higher gold and silver prices. Why? It’s called inflation, and it’s not temporary.
In the quest for financial relief, individuals stand at the crossroads of decision-making, pondering the route that best suits their journey. Among the myriad pathways, two distinct roads emerge: title loans and personal loans. This exploration ventures beyond the beaten path, weaving through the fabric of conventional financial advice to unveil the nuanced tapestry of borrowing. We’ll look at