Let's clear up a bit of confusion:
#1) I am NOT referring to the post-2008 bank bailout. This bank bailout had nothing to do with Lehman Brother and Bear Stearns.

This headline is evidence that America's support for Ukraine has reach suburban-middle-class-virtue-signaling levels.

While most COVID conspiracy theories involve vague and ill-defined threats of tyranny, some of the more credible conspiracy theories involve Big Pharma profits, which range in the tens of billions of dollars.

If you've ever been in a Las Vegas casino when somebody is on a winning streak, you know that the casino won't just let them keep winning forever. Eventually large men in tailored suits will appear and escort the lucky gambler out of the casino. The casino will simply change the rules.

I'm going to be updating this essay later, but for now check out this video to get you up to speed on what's been happening.

If you want to open an investment account with any of the major Wall Street firms, you have to sign away your right to the nation’s courts and agree to accept mandatory arbitration with the Financial Industry Regulatory Authority, Inc. (FINRA).
What is FINRA? FINRA is a private corporation that acts as a self-regulatory organization for member brokerage firms and exchange markets. So you, the small investor, doesn't have access to public courts, or have the right of appeal.

Things always get nutty late in a credit cycle, when overconfidence reaches irrational levels. This time is no different.
But that doesn't mean that the craziness looks like the last time.
Here are some good examples of what to look for when the next crisis hits.

Former prime minister Gordon Brown issued a warning recently.