Crisis Preparation: The Basics

We have been warning of the possibility of a global economic collapse since March 2017. After documenting the path the crisis is likely to take in

Recession cometh

Errata in the third paragraph (“steepening” -> “flattening”) corrected in 04/08.

Yield curve inversion has spooked the markets. In all honesty, it should not have come as a surprise. After the Federal Reserve pivoted early January and …