Tag: Debt
The American Dream: An Exclusive Interview with Taylor Kee
Gracious. Well-spoken. Passionate about our economy. Hands down, Taylor Kee is the best boss I’ve ever had the pleasure of working for. The American dream.
Global Authorities Aren’t Waiting for a Crisis to Move Toward More Debt
Warren Buffett says you can never go right by betting against a US business. But so far this century, that bet has been a winner.
The Rich Will Be Scapegoats for the Next Financial Crisis
In 2007, total US debt, public and private, was under $50 trillion. Today, it’s over $73 trillion.
China May Decide When the Next US Financial Crisis Comes
Donald Trump needs to claim victory in t the Chinese trade war. But the Chinese may have hold of him.
What If Property Crashes?
Too much inflation and price instability becomes unmanageable. It feeds on itself to erode economic confidence.
Inflation Will Eliminate Excess Debt
The good news is that if inflation is what they want, inflation is what they’ll get. But not necessarily the tame, friendly, housebroken inflation.
We Can’t ‘Grow Our Way Out’ of Debt
Total US debt now approaches $74 trillion. The economy that supports this debt has grown steadily, but nowhere near fast enough to keep up with it.
In the Next Crisis, Both Warren and Trump Will Push Towards More Inflation
We are in an Inflate-or-Die trap now — more debt, more phoney prices, and more fake money.
What to do When Inflation Hits the Economy Soon
The end of the stock market boom is unpredictable. But each passing day brings us a day closer to when it will crash and burn.
The Longest-Running Bull Market in History Won’t Last Much Longer
The bull stock market has suffered through a couple rough days. Trade wars…impeachment…recession warnings… — commentators look for explanations.
Auto Financing Forces Poor Buyers Deeper Into Debt Than Ever Before
Today, the cash buyer is rare. The auto dealers who make most of their money from financing cars, not from selling them scarcely give him the time of day.
Soviet Catastrophe Paints Grim Picture of America’s Future
There was a time, believe it or not, when economists wouldn’t presume to tell us what interest rates should be. They were ‘moral philosophers’ who merely observed and tried to understand.
Interest Rates Should Be Discovered, Not Made
The US is overworking in many ways worse off than he was in the 1970s. We spend twice as much time to put a roof over his head and wheels under his feet.
The Average Man Is Worse off Today Than He Was in 1970
Today we turn back to our grim work…connecting the dots…trying to figure out what is really going on.
Post-1971 Dollar Continues to Distort the Economy
Our post-1971 money system still continues to distort the economy . It is based on fake money that represents no wealth and
measures badly.