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People build civilizations; governments destroy them.

Phil Barton
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Early Retirement

September 9, 2019 By Philip Barton

Monday I see another report about a young couple that have surmounted the work trap and managed to retire by the age of forty.  Well, actually, I didn’t read the article, but that is what I surmise from the headline.  From the number of such headlines I would assume that it is an aspiration in the peculiar zeitgeist that passes as the modern world. Why would … [Read more...]

Stock Market Reality Show

July 29, 2018 By Philip Barton

Sunday Kanye West has bought stocks which beat the market by 40{781366457d9c05ca9285c5eb3e04ac75968647e24436986cab65f74e6f4b3aad} over the last year.  How do I know?  It’s on the front page of Yahoo Finance today. That struck me as reducing the serious business of investing in productive enterprises in order to obtain a return to the level of a television Reality … [Read more...]

Economic Collapse

June 24, 2017 By Philip Barton

Saturday I’ve just been reading how central banks, already huge stock owners, will inject another US$3.5 trillion into stock-markets this year.  The thrust of the article was that it would be a major problem if they ever sold those stocks. That is obviously true, which is why they won’t sell them. Economic collapse will not come from a deliberate collapse of the stock … [Read more...]

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