This Is Similar To 2008

CNBC anchors keep repeating that what is happening now bears no resemblance to what happened in 2008. Not only is this extremely similar to 2008, as in both cases a credit bubble popped, but it's also similar in that none of the anchors on CNBC saw that crisis coming either!

Why Own Bitcoin?

Bitcoin was created after the 2008 financial crisis and hodlers always assumed that it would be the safe-haven of choice during the next. Looks like they assumed wrong. If Bitcoin is not a currency, not a store of value, and not a safe haven, then what is it and why own it?

The Fed Will Cut Rates To Zero

The collapse in oil prices will provide cover for the Federal Reserve to cut interest rates to zero and ramp up QE, as it can claim it's necessary to fight declining inflation expectations. But when the U.S. dollar cracks, and oil and consumer prices surge, the Federal Reserve will be unable to reverse the policy.