Category: Debt
Crash Alert
The next recession is coming fast. And based on the early data I have, it looks like the Doom Index will hit ‘8’ in our official reading this quarter.
A Message from the Future: Thanks a Lot…You Jerks
You ran up $22 trillion in debt by 2019. Who did you think was going to pay that? Not you. Donald Trump was already 72. And the average baby boomer was in his 60s, getting ready for retirement.
Conversations with a Ghost
You’ve got a debt of $22 trillion that you can’t possibly pay. I see you’re spending 38% of GDP, but you’re only collecting about 17% of GDP in taxes.
How the Feds Sedated American Capitalism
Total satisfaction equals the real value of win-win deals minus win-lose deals.Our formula recognises that money isn’t everything. So, it focuses on satisfaction, rather than GDP or raw wealth.
Behind the Mueller Distraction…a Hellish Catastrophe
When a recession comes, annual borrowing will soar to $2 trillion, probably sending total government debt to $40 trillion by 2030.
Trump Has Found His ‘Stimulus Guy’
The idea of putting Mr Moore in at the Fed is to make sure the economy stays in line. The Fed today is by, for, and of the Deep State.
A Bomb Cyclone Is Headed for Stocks
Last week, we were looking at who pays unpayable federal debt. As we studied the subject, a whirlwind of staggering news blew up.
At Least in the Country, They Survive…
This week, we’ve been exploring the age-old question: Who pays unpayable debt? The borrower?The lender? Someone else?
Three Reasons Why America Can’t Get a Grip
Show us the politician who wins the White House by promising to cut the voters’ benefits, raise their taxes, and end military boondoggles all over the planet? He doesn’t exist.
This Phenomenon Could Be Disastrous for Your Finances
It’s nice to go all out and splurge every now and then. Most of the time, this behaviour is harmless. But, sometimes, one splurge can have a knock-on-effect. Let me explain…
All Aboard the DebtBall Express
And now, the runaway train gathers speed. The federal deficit was $587 billion in Obama’s last year. Mr. Trump’s budget increases it to $1 trillion.
Firebombs in Paris
Taxes, tariffs, regulations – they’re all ways to transfer wealth and power from the common man to the elite who control the government.
Capitalism Didn’t Fail America. We Failed Capitalism
Some say capitalism has failed America. More likely, America has failed capitalism. Capitalism needs capital. Real money, in other words. The feds gave it fake money.
Our Ticking Time Bomb: Why Kiwi Debt Is About to Explode
Houses cost more. People have to borrow more to buy them. Wages are growing more slowly than house prices. The result? Ballooning debt. That’s not all bad, right?