Category: Debt
Win-Lose World
Retail sales are headed down. GDP growth. Industrial production. Hours worked. New hires. Manufacturing new orders. Construction spending. All down…
Trump Missed His Chance to Make America Great Again
Trump, many believe, is the Messiah. He will wipe away every tear. Mourning, crying, and pain will be no more. He will deliver us from evil, they think.
Why We’re Not on the Trump Bandwagon
Put the cronies in charge of business. Let the loyal apparatchiks control prices. Then, print money to cover your deficits. What could go wrong with that programme?!
How America Goes Full-Venezuela
We suspect a big disaster is coming later in the century…and why we suspect it will be centred in the Fake Money Capital of the World – the USA.
America’s ‘Light Unto the World’ Is Now a Bonfire
The cost of living has continued to rise. By the 21st century, the typical man had to work twice as long to buy an average house and an average car as he did in 1975.
Here’s What Uber Is Really Worth
Three times, the Dow has tried to beat its October 2018 high of 2,680. And three times, it has failed. This ‘triple top’ formation is a bad sign.
The Only Real Way to ‘Fix’ Capitalism
Capitalists are conscious. They always try to get the outcomes they want…and they don’t mind cheating — when they can get away with it.
Washington’s War on Tomatoes
The stock market was rattled after Donald Trump threatened to raise tariffs on Chinese goods.The Chinese replied with silly threats of their own.
Wisdom Comes at a Price…
Mr Trump watched the stock market sink; the Dow dropped as much as 648 points intra-day. He fully intends to blame the next downturn on the Fed.
Are We Finally Beaten?
The Fed is ready to cut rates again — just like it was 2008. Republicans and Democrats are ready to spend, spend, spend…just as if they didn’t already have a trillion-dollar deficit…
How the Feds Will Cover Up Their Next Larceny
If you’re at the tail end of a credit-fuelled bubble…with an overpriced stock market…a trillion-dollar federal deficit…and $72 trillion of debt…What are you going to do?
Who Will Push America Over This Cliff?
Rates have been negative for nearly the last 10 years; federal debt more than doubled, while real growth rates fell.
How the Financialisation Scam Works
The key to the whole financialisation scam is what it costs to buy a ticket to ride this train — the DebtBall Express — that pulled out of the station back in 1971.
The Wall Gave Way, and We Fell…
The tax cut didn’t really cut the cost of government. It simply shifted it to debt…and onto the public and into the future. And now the future is coming into view.
The Financialisation of the American Economy
Over the last 10 years, for every stock bought — in net terms — by the public, the corporations themselves bought nearly 50 of them.