Daryl Robert Schoon
Market Analyst & Financial Author
Darryl Robert Schoon writes and lectures on the causes and significance of the economic collapse. His book, Time of the Vulture: How to Survive the Crisis and Prosper in the Process predicted the collapse and the following severe downturn. He graduated from UC Davis (1966) in political science with a focus on East Asia. His immersion in the 1960’s subculture in the Haight-Ashbury radically altered his outlook contributing to the unique point-of-view through which he views the collapse of the present economic system. He has lectured in Europe, Australia and the US and has written five books. Visit his website at www.drschoon.com. You can reach Darryl at: [email protected].
Daryl Robert Schoon Articles
Free markets are a function of supply and demand whereas capital markets are a function of credit and debt. The bankers’ ponzi-scheme – which began with the distortion of free markets in 1694 when the Bank of England began issuing debt-...
Capitalism, the bankers’ three hundred year-old ponzi-scheme, is a balancing act between the bankers’ credit and everyone else’s debt. In its optimal state, credit creates sufficient growth to pay society’s constantly compounding debts....
If the 2000 collapse of the US dot.com bubble was an economic heart attack, the 2008 economic collapse was a stroke, a stroke so severe that the usual central bank response, to lower interest rates, did nothing to revive economic growth.
The economic crisis has entered a new stage; and when it ends, the bankers’ world - a paper edifice composed of credit and debt - will be in flames. In my book, Time of the Vulture: How to Survive the Crisis and Prosper in the Process (...
When Helicopter Ben Bernanke
Said the helicopter would descend
The markets reacted and quickly fell
Fearing the party would end
But they forgot that Ben’s a banker
A breed whose trust is low
Ralph T. Foster in his invaluable book, Fiat Paper Money, The History and Evolution of Our Currency, writes that paper money made its first appearance in Szechwan, a remote province of China early in the 11th century.
Because of a shortage...
Modern economies were created by the collusion of bankers and government. The banks are now collapsing and only the governments are left. It's like watching a two legged man trying to stand on his one remaining leg. How long will he remain...
This article was written just prior to the announcement of the rejection of the bailout bill but has been qualified to reflect current conditions. Celebrate today's victory! It is a victory for all of us, whether we know it or not. Much...
There is nothing more dangerous than when those responsible for a nation’s troubles are believed to be its savior.
The Wall Street Journal had one fact correct regarding Wall Street’s accelerating collapse when on September 20th they wrote...
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