I have written for years about debt, delusion and crack head economics. This colors and informs my trading and my way of looking at markets and indeed, the world. It is why I cannot be a conventional bullish commentator even when I am bullish on market prices. Because in the final analysis, it is all redeemable in a broken currency, a broken system. I look at the legions of financial media, trading websites and blogs and immediately discount those that do not have a sound basis in risk management and global macroeconomics.
In this light, I want to again highlight Dr. Martenson, a friend of mine going back 5-6 years to a time we both refined an awareness of the nasty dynamics at play. His latest in the Crash Course series A National Failure to Save is as straight a dose of telling it like it is that you could ask for. And it is easy; under 13 minutes of a well spoken, clear headed scientist presenting fact and logic without any hype. Chris and I have a personal hero in common; namely, David Walker, the retiring comptroller General of the United States who has dedicated himself, along with the likes of Ron Paul, to giving the people a straight scoop on what ails us fundamentally from an economic standpoint. Add Chris to the short list. I get absolutely nothing by directing you to his material. Nothing other than the satisfaction of knowing I am keeping a sane and sober blog that will yeh, sometimes get silly, sometimes dig into the macro casino's depths in search of profit opportunities but always keep an underpinning of reality.
