Meanwhile, I've been my own harshest critic — particularly with regard to the unfortunate timing of my stress - testing decision in 2009 — and have been very open about the challenges that QE and yield - seeking speculation have posed for the methods that resulted: deferring market losses that resulted much more quickly following extremely overextended market conditions in prior historical cycles. (hussmanfunds.com)
The majority of those who are in leadership today serve as the final paladins of a departing historical cycle. (firstthings.com)
The second Schlesinger is brimming with confidence about historical cycles and exactly what would have happened if his historical favorites (FDR, Churchill, et al.) had not done just what they did. (firstthings.com)