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Mauldin Economics, Millennium Wave Investments
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Each week, well over a million readers turn to John Mauldin to better understand Wall Street, global markets, and the drivers of the world economy. And for good reason. John is a noted financial expert, a New York Times best-selling author, a pioneering online commentator, and the publisher of one ...more

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Debt Scores
Identifying problems is great. Identifying solutions is even better, especially when the politicians who are supposed to be solving our big problems don’t even try.
Debt Catharsis
I have tried in various ways over the years to explain how balancing the budget, which sounds like it should be easy, is fiendishly hard—to the point even “fiscal conservatives” have mainly given up trying.
Brushfires Everywhere
The US is backing multiple wars. Recession fears are rising. There’s turmoil in the bond markets. Economist A is calling for a soft landing. Economist B is calling for a market crash. 
Supercycle Of Debt
Debt has a defined sequence: The lender and borrower agree on terms, the loan is funded, the borrower repays according to a schedule, eventually pays the full amount, then it’s over.
The Big Cycle 2
When your system, whatever it may be, is working extremely well, we used to say it’s “firing on all 8 cylinders.” What does that mean?
The Big Cycle
One mark of true brilliance is the ability to make complex ideas seem simple. I think this is why so many of us fondly remember our early schoolteachers.
Are Bond Yields High?
Rates on 10-year Treasuries have been climbing since August 2020. But depending on the time frame, you could argue that yields are still relatively low.
Cyclical Forces
If five different systems all come to the same (general direction) conclusion, then perhaps we should pay attention?
Why Uranium Prices Are Skyrocketing
Uranium provides fuel for nuclear reactors. Unlike other clean energy sources such as wind or solar, nuclear can provide baseload energy 24/7.
More Personal Portfolio: Biotech, Commodities, And Gold
In a few years we will know if that was an extraordinarily opportunistic moment, or a long and frustrating rabbit hole.
It Started With A Mini Tire/Poultry Trade War
A few short years ago, the US was content to rely on Chinese manufacturing because China built good products on the cheap. Then COVID-era supply chain breakdowns highlighted the folly of depending on our prime adversary.
Undeniably The Most Important Question Right Now
In today's podcast we'll be speaking about China’s so-called economic crisis, the Fed’s unspoken third mandate, and “the real story of the summer.”
Noble Sacrifices
Today, we’ll continue reviewing Peter Turchin’s new book End Times, which describes his theory of “cliodynamics” and how elite overproduction tends to precede societal crises.
The Science Of Cycles
Today we continue our study of the historical cycles suggesting a major crisis is in our near-term (5‒8 years) future. We don’t know the precise timing or nature of the crisis, but the patterns indicate one is coming and could be severe.
Are Uranium Bulls Too Early To The Party?
A discussion about nuclear energy’s “green” makeover, the private support Bill Gates is pouring into nuclear development, and whether uranium bulls are too early to the party.
Storms And Patterns
Cue the Churchill quote: “You can always count on the Americans to do the right thing after they have tried everything else.” But meanwhile as we try everything else, things get worse.
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