Trump
Love it or hate it, the potency of the Trump Administration is on the wane, soon to be stuck in the mire of the Swamp it has deepend instead of drained, while the economy falls into one hell of a recession — so claims former Regan-era Cabinet member and Congressman David Stockman.
In his new book Peak Trump, Stockman notes how the wide divergence between Trump the campaigner and Trump the president appears to be proving to be his undoing.
Rather than fight to dismantle the institutions he railed against as a candidate — most notably the Deep State and the Federal Reserve — Trump has embraced them.
Now, when this latest asset bubble bursts (and Stockman believes the markets saw their peak back in Fall 2018), Trump will 'own' that. Having chosen to tie his administration's success to the rising price of the S&P 500 since taking office, he won't be able to foist the blame of a market crash on his predecessors.
Similarly, the Deep State — especially the military industrial complex — is experiencing a bonanza under the Trump administration. As a result, the Swamp is deeper than it has ever been.
David Stockman: The Undrainable Swamp & The Inevitable Recession
by Adam TaggartLove it or hate it, the potency of the Trump Administration is on the wane, soon to be stuck in the mire of the Swamp it has deepend instead of drained, while the economy falls into one hell of a recession — so claims former Regan-era Cabinet member and Congressman David Stockman.
In his new book Peak Trump, Stockman notes how the wide divergence between Trump the campaigner and Trump the president appears to be proving to be his undoing.
Rather than fight to dismantle the institutions he railed against as a candidate — most notably the Deep State and the Federal Reserve — Trump has embraced them.
Now, when this latest asset bubble bursts (and Stockman believes the markets saw their peak back in Fall 2018), Trump will 'own' that. Having chosen to tie his administration's success to the rising price of the S&P 500 since taking office, he won't be able to foist the blame of a market crash on his predecessors.
Similarly, the Deep State — especially the military industrial complex — is experiencing a bonanza under the Trump administration. As a result, the Swamp is deeper than it has ever been.
In this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss a whole slew of topics I don't have time to summarize, as our 2018 seminar starts in an hour.
Enjoy!
Off The Cuff: Hall Of Mirrors
PREVIEW by Adam TaggartIn this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss a whole slew of topics I don't have time to summarize, as our 2018 seminar starts in an hour.
Enjoy!
In this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Hey, Did We Just Declare War On North Korea?
- Trump's UN speech stuns the world
- Unpacking The Latest Fedspeak
- Much more talk than action
- The Junkie Economy
- Dependent on hits of ever more debt until it dies
- The High Cost Of Lacking Resilience
- Harvy, Irma & Maria are teaching us a lesson in real-time
This week Chris and John tackle the latest Fed announcement. Yellen's talk of tightening/normalizing — to borrow from common parlance — is really a "nothingburger" until the world's other major central banks curtail their stimulus efforts.
The world economy is still receiving $125 billion in liquidity injections every month. This, of course, has destroyed the integrity of the markets and turned all investors into speculators — as whatever the central banks decide to do next is the only thing that will matter to prices.
As we have been warning for years, this will all end badly once the central banks have either destroyed their respective zombie economies or their fiat currencies (if not both).
Off The Cuff: The Economy Is A Junkie
PREVIEW by Adam TaggartIn this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Hey, Did We Just Declare War On North Korea?
- Trump's UN speech stuns the world
- Unpacking The Latest Fedspeak
- Much more talk than action
- The Junkie Economy
- Dependent on hits of ever more debt until it dies
- The High Cost Of Lacking Resilience
- Harvy, Irma & Maria are teaching us a lesson in real-time
This week Chris and John tackle the latest Fed announcement. Yellen's talk of tightening/normalizing — to borrow from common parlance — is really a "nothingburger" until the world's other major central banks curtail their stimulus efforts.
The world economy is still receiving $125 billion in liquidity injections every month. This, of course, has destroyed the integrity of the markets and turned all investors into speculators — as whatever the central banks decide to do next is the only thing that will matter to prices.
As we have been warning for years, this will all end badly once the central banks have either destroyed their respective zombie economies or their fiat currencies (if not both).
Following up on our recent warning about the situation in Syria, Chris sits down this week for a conversation with The Saker, who writes extensively on geo-political and military matters. The Saker (a nom-de-plume), is a former intelligence expert with professional and personal insights into Russia and the Middle East.
He shares our deep concern for the dangerously misdirected current state of US foreign and military policy, as well as the potentially lethal repercussions these threaten to have in the powderkeg that is Syria.
In this week's podcast, The Saker provides an excellent distillation of the complex forces in play in Syria — as well as in the brewing friction between the US and Russia — and why the risk of nuclear war has now grown higher than it has been in decades.
The Saker: The Syrian Powderkeg
by Adam TaggartFollowing up on our recent warning about the situation in Syria, Chris sits down this week for a conversation with The Saker, who writes extensively on geo-political and military matters. The Saker (a nom-de-plume), is a former intelligence expert with professional and personal insights into Russia and the Middle East.
He shares our deep concern for the dangerously misdirected current state of US foreign and military policy, as well as the potentially lethal repercussions these threaten to have in the powderkeg that is Syria.
In this week's podcast, The Saker provides an excellent distillation of the complex forces in play in Syria — as well as in the brewing friction between the US and Russia — and why the risk of nuclear war has now grown higher than it has been in decades.
In this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss:
- Rate Hike!
- The Fed just increased the interest rate by 0.25%
- Scam-o-rama
- The financial system is now a racketeering fraud
- The Net Energy Predicament
- The unseen cause of so many of the systemic breakdowns we're seeing
- The Deep State In Turmoil
- The Trump administration has set off an internal war
James Howard Kunstler returns to Off The Cuff this week for a wide ranging discussion. First on the docket is the recent Fed rate hike, and the baffling logic that markets are using to interpret is as another "bullish" signal for piling into stocks.
No surprise, Jim thinks the markets have become one big roach motel for investment capital.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
Off The Cuff: Bewitched, Bothered & Bewildered
PREVIEW by Adam TaggartIn this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss:
- Rate Hike!
- The Fed just increased the interest rate by 0.25%
- Scam-o-rama
- The financial system is now a racketeering fraud
- The Net Energy Predicament
- The unseen cause of so many of the systemic breakdowns we're seeing
- The Deep State In Turmoil
- The Trump administration has set off an internal war
James Howard Kunstler returns to Off The Cuff this week for a wide ranging discussion. First on the docket is the recent Fed rate hike, and the baffling logic that markets are using to interpret is as another "bullish" signal for piling into stocks.
No surprise, Jim thinks the markets have become one big roach motel for investment capital.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
In this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Dow 20,000!!
- Everything's awesome….right?
- All Hail Our Banking Overlords!
- Manipulation and collusion abound in today's financial system
- The Elites Are Beginning To Worry
- Buying bunkers and retreats in a hurry
- Hypocrisy Of The Extortionist
- Our leaders are happy to berate the system once they leave it
The Dow Jones index just crossed the 20,000 milestone for the first time in history. The financial media is applauding, newly-elected President Trump is boasting — should we just stop worrying and concede that everything is going great now?
Chris and John Rubino certainly don't think so. They see the Dow's 20k milestone as stark evidence of the massive set of asset bubbles created by the world's central banking cartel. Print up trillions and trillions of thin-air money and it has to go somewhere.
They lament that our political, regulatory and corporate leaders remain ignorant (willfully or cluelessly) of this. And as long as that continues, the excesses and resultant unfairness (wealth gaps, cost of living unaffordability, etc) will grow unchecked — making the pain of the inevitable collapse that much more painful to society.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
Off The Cuff: Dow 20,000!!
PREVIEW by Adam TaggartIn this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Dow 20,000!!
- Everything's awesome….right?
- All Hail Our Banking Overlords!
- Manipulation and collusion abound in today's financial system
- The Elites Are Beginning To Worry
- Buying bunkers and retreats in a hurry
- Hypocrisy Of The Extortionist
- Our leaders are happy to berate the system once they leave it
The Dow Jones index just crossed the 20,000 milestone for the first time in history. The financial media is applauding, newly-elected President Trump is boasting — should we just stop worrying and concede that everything is going great now?
Chris and John Rubino certainly don't think so. They see the Dow's 20k milestone as stark evidence of the massive set of asset bubbles created by the world's central banking cartel. Print up trillions and trillions of thin-air money and it has to go somewhere.
They lament that our political, regulatory and corporate leaders remain ignorant (willfully or cluelessly) of this. And as long as that continues, the excesses and resultant unfairness (wealth gaps, cost of living unaffordability, etc) will grow unchecked — making the pain of the inevitable collapse that much more painful to society.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
Community

AlertsUSA
Learn more