Terry Burnham

There is one central economic question today. Can a country become rich by government deficit spending financed by the Central Bank 'pri...

Modern Monetary Theory  (MMT) argues that a country can become rich by government deficit spending and e-printing of money. In fact, countri...

US stock market has roared back from the March 23rd low. In round numbers, the Dow dropped from 30K to 18K and has returned to 28K. Chicken ...

Chicken Little has been violating the 10th Commandment: Thou Shall not Covet . In particular, there is one bitcoin for every 400 people on e...

Tom Segura, the Netflix comedian, says he has a new technique for arguing. He immediately switches to the other person's position. Suc...

There is one central question in finance now. Can a country become rich by deficit spending and e-printing. The US government is running t...

Chicken Little has a small short position on US stocks, betting that the stock market will go below the March 23, 2020 low of Dow 18,000. ...

Economics and Happiness, Click here or image for academic article

On March 23, 2015 the Dow was just over 18,000. Five years later the Dow was almost exactly unchanged at 18,591. Stock market investors sp...

Equity markets bounced 33% off their March 2020 lows. Chicken Little believes that the mother of all bear markets deserves a world class b...

When will it be time to buy stocks?   From 1982 until 2000, I was at least 100% invested in stocks. My Chicken Little persona is tempor...

The Covid-19 storm hit in 2020. The world was financially unprepared having squandered a decade of prosperity (see empty Rainy Day fund ...