Category Archives: Government Debt
Be Careful What You Wish For
If foreign investors reduce their holdings of U.S. Treasuries, then who will pick up the slack? If foreign central banks are not buying Treasuries, how will the government finance its debt? Continue reading
The DogeFather in Exile
We wanted Elon Musk to succeed. We were pulling for his full triumph. He’s blasted countless satellites into orbit. He put EVs on the road. He saved free speech on social media. If anyone could cut $2 trillion in annual waste, he’s the guy. Continue reading
Going Full OBBBA
Congressional members, like their special interests and constituents, all want to get theirs while they can. They each operate with the expectation that their spirit will leave their body before the ultimate reckoning. For America’s aging fogies, going full OBBBA is working to perfection. Continue reading
Silent But Deadly
By his appearance, Jack Vale is a regular unassuming middle-aged man. He could be the guy in the flannel shirt that sells charcoal to you at your local hardware store. Offering tips on how to best smoke a Boston butt or a rack of St. Louis-style spare ribs. Continue reading