Tag: Debt Crisis
This Year’s Winners of the Nobel Prize in Economics Didn’t Deserve It
The Nobel Prize receives a great deal of press and attention. But is it really all that it’s cracked up to be? Here’s why this year’s winners are overrated.
Our Crash Alert Flag Is Still Flying
Naturally, the foreigners are learning not to trust US suppliers…and are looking for essential inputs elsewhere. Win-lose again…with little chance that the US will be a winner.
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.
How Mob Rule Comes to America
Today, the mob thinks it has been done dirty by the elite. But it is unaware of how the dirty was done, and so, its efforts — on both sides of the political divide — are ineffectual, irrelevant, or deleterious.
We’re Losing Our Originario ‘War’
The more you travel, the more you want to travel light. And that means we need to dump the heavy claptrap out of our luggage. The more ground we cover…the more we discover we don’t really need it. We find plenty more wherever we go.
US Stocks Are Playing Russian Roulette
Top macroeconomists are calling for a recession ‘before the end of 2020.’ What? We’ve already been waiting for years…
Investors Will Fight This Trend…And Lose
After a 38-year boom, the fundamentals have reversed. Day is night; night is day. From lower and lower interest rates, we see rising ones.
Donald Trump and Alexandria Ocasio-Cortez Will Join Forces
The private sector faces a recession. Wall Street sees a bear market coming. In Washington, tax receipts will fall…as costs continue to rise.
Trillion-Dollar Deficits From Here to Eternity
In America today, it is almost impossible — politically — to cut government spending or to raise taxes. That leaves debt as the only way forward.
The Most Absurd Myth of the 21st Century
Assets, markets, companies, and empires rise and fall. But now comes the most absurd myth of all — that the feds can ‘manage’ and ‘guide’ the economy,
Alexandria Ocasio-Cortez: A Danger to The Nation
A big, new danger appeared in Congress this month: Alexandria Ocasio-Cortez, the newest representative of New York’s 14th district.
One Mistake Dooms Investors…
Both Trump and Powell will do all they can to save this market. Both are avoiding a bloodbath because the blood will splatter on their own white shirts.
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 Speech From Bermuda
We want to live in a world without limits. That’s why we’ve raked up enormous debt and escalating deficits. What are the consequences of this?
Can Only ‘Good Guys’ Enforce the Constitution?
The financial markets are out of control. Which means a crash is all but inevitable. Can the US Supreme Court do anything about it?