Category Archives: Government Debt
Broken Promises
Consumer debt, corporate debt, and government debt are all going up. But that’s not all. Margin debt – debt that investors borrow against their portfolio to buy more stocks – has hit a record of $642.8 billion. What in the … Continue reading
When Budget Deficits Will Really Go Vertical
United States Secretary of Treasury Steven Mnuchin has a sweet gig. He writes rubber checks to pay the nation’s bills. Yet, somehow, the rubber checks don’t bounce. Instead, like magic, they clear. How this all works, considering the nation’s technically … Continue reading
Tax Reform and Trump’s Chinese Trade Deficit Conundrum
Most things come easier said than done. Take President Trump’s posture on trade with China… Trump doesn’t want a bigger trade deficit with China. He wants a smaller trade deficit with China. In fact, reducing the trade deficit with China … Continue reading
Why You Should Embrace the Twilight of the Debt Bubble Age
People are hard to please these days. Clients, customers, and cohorts – the whole lot. They’re quick to point out your faults and flaws, even if they’re guilty of the same derelictions. The recently retired always seem to have the … Continue reading
