Jim Chanos: ‘Outraged’ That Private Equity Is Looking for a Bailout
“I think private equity is possibly at a crossroads similar to where Hedge Funds were post the Global Financial Crisis”
Map: Manufacturing Output by Country
China accounts for over a quarter of global manufacturing output
Image: Whaling
Rockwell Kent, illustration from Moby-Dick
Map: Exactly Where Europe’s Population Is Growing and Shrinking
Every municipal region of nearly every country in Europe
Map: The World’s Coronavirus Stimulus Programs
And there is more to come…
US Money Supply Explodes Higher, Growing at Same Rate as the Early 1980s
The Fed has ‘printed’ roughly $500 billion a week
Jim Grant: What’s to Stop the Fed from Doing This for Every Garden Variety Recession?
“Can a 0.75% 10-year yield peacefully co-exist with a limitless Fed intrusion and with money growth that is beginning to accelerate?”
MMT Is Here and It’s Here to Stay
The brakes aren’t going to work
Kinetic Art
Anthony Howe
Clearer Signs Emerge That the Coronavirus Outbreak Is Losing Momentum
Several of the largest outbreaks are already peaking