Tag Archives: Financial Collapse

The “New Normal” Is De-Normalization

By Charles Hugh Smith Source: Of Two Minds Here’s what denormalization means: there was no “New Normal” for the dinosaurs. Everyone talks about the “New Normal,” as if there’s a guarantee that life will return to normal. But the “New Normal” is De-Normalization, which … Continue reading

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Is This China & USA’s “Thelma & Louise” Moment?

By James Howard Kunstler Source: Zero Hedge Why would anybody suppose that the Peoples Bank of China might want to tell the truth about anything that was within their power to lie about? Especially the soundness of any loan portfolio … Continue reading

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