13 Comments
User's avatar
Monty Carlo's avatar

The FRED data in regards to the wealth percentiles is so massaged, it's basically as loose as a the culprits being blotted out by black ink in the Epstein files.

Stefano's avatar

America is such a great country.

Your note is an emotional rollercoaster.

It's possible, even if only remotely, the Epstein saga is a lot less than the a lot more crowd makes it out to be, but we will never know and no one would believe it anyway at this point. Yesterday I read a headline of an ex Norwegian prime minister attempt to OD on pills because the local police opened an investigation on him.

What if two years from now there's no RE repricing? Assuming the numbers underlying official stats (across the board) are make believe, couldn't the present condition continue indefinitely? For example, same but different, Japan's lost decades? How would the "market participants" know they were in a new normal if they were constantly creating an expectation of a repricing move "any day now"?

Josh's avatar

As if I needed another reason to love you dude, you're combining intel on the widespread "shadow distress" across CRE markets..... then you just pivot to interviews with Peter Levenda?

It's like you're ACTUALLY in my browsing history, absolutely insane, I think we just became best friends

Aaron Koral's avatar

Great piece RH! What was the name of the comedy troupe doing the send up of the White House presser? Thanks

Rudy Havenstein's avatar

The Whitest Kids You Know, circa 2008

MoodyP's avatar
10hEdited

About Epstein and JP Morgan.

“Still… it’s the bank president. It was always the bank president”.

Lily. From ‘A Lily Bit’. On Substack

She takes the themes from your favorite Epstein researcher and drills them down into long, but readable bites. Her last 3 articles on Epstein are public. Pretty incredible stuff. Worth a look IMO.

Petra Kehr's avatar

Agree to some degree. Subscriber. But the Link RH is providing to The Switchboard Operater which is from ESC, is the most succinct piece I've found anywhere. Came across two weeks ago and his other related pieces are excellent as well. E.g. the waddesdon papers.

MoodyP's avatar

Oh totally. I do read his work. I’ve been reading his work from back when he was just starting.

I’m not sure I would call them ‘succinct’ (LOL) becuz even though I’m a fast reader, I usually have to get halfway through and come back. Probably latent ADHD on my part.

But he is doing yeomans work.

Sadly, as with Lily so few people will ever see there work. And even less will have any hope of comprehending the meaning of what they are saying.

Substack is throttling ‘conservative’ writers and dissidents and promoting the radicals. And because their missives require some actual thought, time, and critical thinking, every aspect of schooling, SM, and society works against mass exposure.

Those who continue the quest, RH included, are heroes in my book and deserve all the support we can provide.

Thanks for writing. Eric.

Petra Kehr's avatar

And yes RH is outstanding.

Petra Kehr's avatar

Congrats you discovered it much earlier. I follow Lily since the beginning.

MoodyP's avatar

I just discovered Lily, I think via a post from The Daily Doom!

So we are obviously in the correct ‘circle’ at opposite ends until we get caught up

and meet in the middle. I’m currently working my way through her stuff from the beginning, having read her 3 non paywalled Epstein related posts first.

DSB's avatar

Thanks for Nick Lowe!