Category: Debt
No Matter What the Fed Does, We All Lose
We were waiting for the big Fed announcement on a rate hike. But what happened? No trumpets. No bells. No heralds. None came.
It’s All a Gigantic Monopoly Game
If you have ever played Monopoly, you have probably noticed two things. The game can be really long and the banker — who pretty much controls the game — can never run out of money.
The Fed Has the Shakes
Central banks have no economic magic. No financial panaceas. No money miracles. They can’t really make an economy run better.
Good News About the Coming Crash
The last leaves are falling from the trees. And the last days of December are counting down, like the quiet moments before an execution.
The Debt Bomb That Could Blow in 2019
The Fed were planning to ‘normalise’ monetary policy very slowly. They didn’t expect much turbulence. The truth is that it’s not shaping out to be that way. Markets have been jolting all year.
How the Country Goes Broke…
Come the next crisis, our problems will intensify. Tax revenues will plummet. Deficits will grow to $2 trillion a year in 2019 or 2020.
What We Said to a Group of DC Elite
We have a bubble economy, not an economy on a solid footing of rising wages, productivity, sales, and profits. The boom we have enjoyed is largely fake.
Dow 10,000
Trump will do whatever he can to keep prices rising on Wall Street — by talking up the economy with his usual mixture of real bravura and counterfeit facts.
What Trump Will Say at the G20
The Fed’s big mistake following the 2008 crisis was holding interest rates down too low for too long. This discouraged saving and made debt more attractive.
Our Green Light Economy Is Turning Red
Here at Money Morning New Zealand, we feel that the responsible message is caution. Be cautious with your funds. Don’t overexpose yourself…because things could get hairy in a blink of the eye.
Investors Are Going to Get Scalped
The US dollar is fake money. And the Fed lends it out at fake rates. This is why corporate, consumer, and government debt is so high.
Stagflation, Here We Come!
Stagflation is a concept that boggles the mind. It’s about high inflation, yet stagnant wages. What does it mean for the future of America?
How Will the Feds Get Out of This?
The US economy and the US government are both living on borrowed time. Blame it on tax cuts, rampant spending and rising inflation.
America’s Fake-Money Success Was an Accident
The American dollar is a success because we have a strong and stable system. But is it really? We go behind the myth, and what we find isn’t pretty.
This Will Be Trump’s Real Legacy
The Republican Party used to be about small government and balanced budgets. But now, under Trump, it’s embraced disastrous debt and inflation.