Category: Debt
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?
An Oasis in a Desolate Wilderness…
No economic recovery ever exceeded 119 months. This one is already at month 116. The audience is getting restless. It’s time to wrap it up.
The Only Way to Drain The Swamp…
The present administration is adding to the federal debt at the rate of about $3 billion per day. Trump’s budget proposal pretends that his extra debt is nothing to worry about.
What the French Could Teach AOC…
Proponents typically look to Europe for guidance. They see Denmark, Sweden, and Norway and believe ‘soft socialism’ isn’t so bad.
Trump’s Real Motivation to End the Trade War
We never expected the president to go Full Retard on his trade war. Instead, we thought he would settle the issue…as he did the trade war with Canada and Mexico…in some ongoing, negotiated mush.