Category: Debt
Monetary Policy Won’t Preserve Economic Expansion
In, 2009-2019, debt rose even more. Worldwide, it more than doubled, growing five times faster than GDP.
The Internet Age Distorted the Meaning of Wealth
An economy is a natural thing, evolved, not designed. It responds to billions of inputs…past, present, and future. The internet has changed our future.
History Shows That as Trade Zones Shrink, So Does Their Wealth
Under the Roman Empire, there was a great expansion of trade, technology, and wealth.
A National Living Wage Is Absurd
The do-gooders want to use other people’s money to raise the wages of the least well-paid, but they make no mention of their own wages.
Since the Turn of the Century, Government Corruption Has Become More Flagrant
Politics in the US have become meaner and more corrupt as the empire ages.
‘Free’ Money Destroys the US Financial System
Our beat is money. And in today’s money world, truth is rare; beauty can be found only in irony and mockery.
What to Expect as World Trade Slows and Bonds Signal Recession
Stocks are still near all-time highs. Unemployment is at record lows. The expansion, which began 10 years ago, is now the longest on record. A prudent investor should expect these conditions to change. World trade is slowing. Bonds are signalling
Trump Needs the Trade War to Maintain the Illusion of a Strong Economy
When we had kings and queens, a monarch justified his power by claiming a divine right given to him by God.
The Greatest Political Leader of All Time
The current political leader of the US is the White House’s most amusing of all. He is not necessarily the dumbest of the lot…or the most conniving….
Monetary Policy Won’t Solve the Next Financial Crisis
The economy is limping…staggering…and buckling. And you know what that means — cheaper credit…and more money for speculators!
Our Fake-Money Bubble Will Burst
The American economy has been grotesquely distorted by fake-money financialisation.
The President Will Do Whatever It Takes to Get the Fed to Further Cut Rates
Will all this spending, inflating, and rate-cutting really make the economy healthier? Of course not.
Negative Interest Rates Are Not Normal
Negative interest rates are not the norm. You would borrow money. You buy the house. You sell the house 20 years later…and you give back the money.
America Has Been Declining Since 2000
In the 21st century, GDP growth rates slowed. Debt increased. Imports soared; exports slumped. And the absurdities increased.
Inverted Yield Curve Signals Coming Recession
When the economy is healthy and growing, people buy stocks and the index generally goes up. These inverted yield signs signal an oncoming recession.