Michael J. Howell Livres

Economic cycles are influenced primarily by financial flows, particularly savings and credit, rather than traditional indicators like inflation or interest rates. The concept of Global Liquidity, encompassing a vast $130 trillion in cash, highlights the dynamics of credit and capital in the global banking system. Since the mid-1980s, deregulation and easy money have significantly expanded international financial markets, with liquidity driving stock prices despite stagnant earnings, especially in emerging markets. Central banks' quantitative easing further emphasizes the importance of liquidity in investment strategies today.

Set against the backdrop of the Titanic disaster, the narrative unfolds through a father's diary as he seeks to answer his son's poignant question about the tragedy. The story explores themes of fame, faith, futility, love, and war, revealing the profound lessons learned about family and resilience during crises. This poignant journey of self-discovery reflects a "coming of middle age," inspired by actual events, highlighting the enduring bonds of family in the face of adversity.

Challenging the credibility of conventional experts, this book presents a provocative perspective on navigating a world filled with misinformation. It argues that reliance on these so-called authorities can lead to perilous outcomes, as a new wave of independent thinkers—referred to as "barbarians"—emerges to confront these outdated ideologies. The narrative encourages readers to question established norms and embrace a more discerning approach to knowledge and expertise.