Tag: Debt
The Fed Prepares for Mistake #3
Setting artificially low interest rates made the downtrend worse. Growth slowed further. The Swamp deepened. The empire grew bigger and more corrupt.
The Extinction of the Fiscal Conservative
The Democrats were early adopters of the ‘deficits don’t matter’ flapdoodle. Once in power, Republicans found it useful, too.
The American Bolsheviks Are Coming…
Politics is the enemy of civilisation. It is the enemy, too, of economic progress. Most important, it is the enemy of dignity and clear thinking.
How Hot Money Put America in Hot Water
Hot money is only useful for speculators. They can use it to take leveraged positions in stocks and bonds — where they know they can unload them and get out at a moment’s notice.
The Tide of Fear Is Approaching
The risk of a crash is impossible to calculate precisely or reliably. But for what it is worth, our indicators are flashing red.
Win-Lose World
Retail sales are headed down. GDP growth. Industrial production. Hours worked. New hires. Manufacturing new orders. Construction spending. All down…
Trump Missed His Chance to Make America Great Again
Trump, many believe, is the Messiah. He will wipe away every tear. Mourning, crying, and pain will be no more. He will deliver us from evil, they think.
Why We’re Not on the Trump Bandwagon
Put the cronies in charge of business. Let the loyal apparatchiks control prices. Then, print money to cover your deficits. What could go wrong with that programme?!
How America Goes Full-Venezuela
We suspect a big disaster is coming later in the century…and why we suspect it will be centred in the Fake Money Capital of the World – the USA.
America’s ‘Light Unto the World’ Is Now a Bonfire
The cost of living has continued to rise. By the 21st century, the typical man had to work twice as long to buy an average house and an average car as he did in 1975.
Here’s What Uber Is Really Worth
Three times, the Dow has tried to beat its October 2018 high of 2,680. And three times, it has failed. This ‘triple top’ formation is a bad sign.
The Only Real Way to ‘Fix’ Capitalism
Capitalists are conscious. They always try to get the outcomes they want…and they don’t mind cheating — when they can get away with it.
Wisdom Comes at a Price…
Mr Trump watched the stock market sink; the Dow dropped as much as 648 points intra-day. He fully intends to blame the next downturn on the Fed.
Are We Finally Beaten?
The Fed is ready to cut rates again — just like it was 2008. Republicans and Democrats are ready to spend, spend, spend…just as if they didn’t already have a trillion-dollar deficit…
Who Will Push America Over This Cliff?
Rates have been negative for nearly the last 10 years; federal debt more than doubled, while real growth rates fell.