Category Archives: Government Debt
Bessent Enters the Meat Grinder
Scott Bessent should have kept his mouth shut. He also should have kept his money in his pocket. The billionaire had a good thing going. He was leading a charmed life managing his hedge fund Key Square Group and preserving historic pink mansions in Charleston with his husband and their kids. But that was before he threw his money and support behind Donald Trump’s election campaign. Continue reading
Dumb Reasons Why More QE Is Coming
Debt, deficits, and debt interest payments have crippled America’s finances in a way that only a government of corrupt clowns could have made possible. Decades of overspending are coming home to roost. We all get to live with the consequences. Continue reading
Double Nickels on the Dime
Lost in the election year noise and the zealous pursuit of World War III is one overarching fact. The USA is rapidly going broke. And no one can stop it. Continue reading
Destination TEOTWAWKI
Sometimes the end of the world as we know it (TEOTWAWKI) comes while some of us are still here. We believe the present episode of debt, deficits, and state sponsored economic destruction, has placed all of us ‘top dead center’ for one of these times. Something explosive, world altering is happening. We’re reaching destination TEOTWAWKI. Continue reading
