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Having created a dangerous and debilitating debt bubble, the Fed’s now determined to take the air out of it…as long as higher interest rates don’t cause too much trouble.
But wait…who are the bad guys? And why do we care? Bad guy theory (BGT) was developed, by us, to make fun of those who think people can be so clearly divided, between good and bad. True or False. Us versus Them.
This is the first time we have spent Christmas in Ireland. Our family is spread out…between the US and Europe. Usually, we return to the old family farm in Maryland for the holidays. But this year, we decided to make it easier on the European contingent of the family
Tomorrow, we launch a new project to investigate this new era. It involves, once more, a renaissance in our resources sector. We believe this will be the most important topic for Australian investors to understand and position for, for the rest of this decade. Maybe longer.