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David Stockman
Personal blog · davidstockmanscontracorner.comeconomicspolitics
David Stockman's personal blog at davidstockmanscontracorner.com covers economics and politics. Since 2014, 12 different Hacker News readers have linked it 18 times, most often “China’s Monumental Ponzi: Here’s How It Unravels”. It is still writing: the last post was on 2026-10-30, and you can follow it by feed.
Too few sampled comments (8) to say how often HN recommends it.?
Why HN links it
HN readers link this blog for its commentary on macroeconomics and geopolitics, including debt, oil prices, monetary policy, China's economy and Pentagon spending. Most comments cite its posts as sources.
Summarised by Claude from a sample of 8 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Most-linked posts?
- China’s Monumental Ponzi: Here’s How It Unravels2 people · 2 mentions · first linked 2016-02-01
What Hacker News says?
http://armedforcesjournal.com/pipeline-politics-in-syria/ http://davidstockmanscontracorner.com/its-all-about-pipeline... That took longer than it should have because of the stupid throttling at HN regarding posts. It's hard to carry any kind of discussion when you are limited to three? Replies per hour?
Comment linking /its-all-about-pipelines-in-syria-assads-death-warrant/
on “The Pentagon Is Spending Up To $2.2B on Soviet-Style Arms for Syrian Rebels”Submitted The Great China Ponzi–-An Economic Trainwreck Which Will Rattle the World as a story · 4 points
HN discussionThis means that on a societal level we will probably implement some kind of artificial scarcity or even make belief work. The later is in a way already happening just to keep unemployed people occupied: Have a look at Potemkin economy: http://davidstockmanscontracorner.com/frances-potemkin-econo... > Candelia is one of a number of so-called “Potemkin” companies operating in France. > Everything about these entities…
Comment linking /frances-potemkin-economy-fake-companies-fake-jobs-fake-propserity/
on “When Factory Jobs Vanish, Men Become Less Desirable Partners”Submitted China’s Monumental Ponzi: Here’s How It Unravels as a story · 3 points
HN discussionIt's hard to overstate how important monetary policy is in this state of affairs. CapEx has been plummeting for years because it makes more sense to lever up with artificially cheap debt and gamble with equity. We see less upstarts and less major capital investment by businesses because that's way riskier than the guaranteed returns that can be got through other common schemes predicated on cheap money. http://david…
Comment linking /the-financialization-of-american-business-how-cheap-debt-fuels-the-bubble/
on “Corporate America Hasn’t Been Disrupted”Submitted The Destruction of the American Middle Class as a story · 2 points
HN discussionFrom a guy who wrote a 768 page book [1] about this: "The 'small profit', along with most of the so-called 'recovery' of Uncle Sam’s $426 billion initial investment, was ground out of the backs of America’s savers and depositors; or it was scalped from the massive financial bubbles the Fed has generated in the Wall Street casino." [2] [1] http://www.amazon.com/The-Great-Deformation-Corruption-Capit... [2] http://dav…
Comment linking /the-greater-abomination-washingtons-lies-about-tarps-success-are-worse-than-the-original-bailouts-part-i
on “U.S. ends TARP with $15.3B profit”Submitted “Burn Rate” Prosperity: Why Silicon Valley Is Heading for a Crash(2014) as a story · 2 points
HN discussionI don't think GP was making a political statement, just commenting on the buried lead, but I'll play devil's advocate. I want farmers to have jobs too. I'd still find it sad if that were the rationale here, though, because while protectionist measures can save jobs, they remain one of the worst tools to do so, typically costing several hundred thousand dollars per job. Tire manufacturing jobs saved at $900,000 per j…
Comment linking /41418/
on “The Great Japan Potato-Chip Crisis”Submitted Global Markets Down $13 Trillion Already as a story · 2 points
HN discussionThe China's own ponzi economy will be mirroring the collapse of Ezubo . "So in two short decades, China has erected a monumental Ponzi economy that is economically rotten to the core. It has 1.5 billion tons of steel capacity, but “sell-through” demand of less than half that amount.... The same is true for its cement industry, ship-building, solar and aluminum industries—to say nothing of 70 million empty luxury apa…
Comment linking /chinas-monumental-ponzi-heres-how-it-unravels/
on “Chinese police swoop on $7.6 Billion ‘record-breaking online Ponzi scheme’”Submitted Lies, Damned Lies and the BLS Inflation Statistics as a story · 2 points
HN discussionInteresting perspective: Oil Limits And The End Of The Debt Supercycle http://davidstockmanscontracorner.com/2016-outlook-oil-limit...
Comment linking /2016-outlook-oil-limits-and-the-end-of-the-debt-supercycle/
on “Crude Falls Below $30 a Barrel for the First Time in 12 Years”Submitted $5.3 Trillion of Government Bonds Now Have Negative Yields as a story · 2 points
HN discussion> The trucking industry (among many others) would be badly damaged if roads were not subsidized, and air travel would have similar issues if airports were not built and operated by local governments with the assistance of the FAA. Why would you assume a big problem? The funding just needs to be strictly derived from user fees. If truckers can't profitably transport goods when bearing the full cost of their activity,…
Comment linking /amtrak-a-national-hazard-at-any-speed/
on “The Plot Against Trains”Submitted Tesla: Bonfire of the Money Printers’ Vanities as a story · 2 points
HN discussionYeah, the Chinese will need KUKA. After Trump becomes president, he will give China 3 years to reach a balanced trade with the US. Huge part of the production will move back to the US. Unfortunately, only a small part of the jobs will come back. Maybe 1 or 2 out of 10. Most stuff will be done by robots. Maybe it will be US based Chinese companies, but it will be US based. And regarding to Midea: An Australian engine…
Comment linking /chinas-debt-bomb-no-one-really-knows-the-payload/
on “Chinese Midea makes $5B bid for KUKA”Submitted The Keynesian End Game Crystalizes in Japan’s Monetary Madness as a story · 2 points
HN discussion