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Category Archives: Government Debt
Another Government Ponzi Scheme Starts to Crack – Do You Depend on It?
Another Government Ponzi Scheme Starts to Crack – Do You Depend on It? By Nick Giambruno, International Man Government employees get to do a lot of things that would land an ordinary citizen in prison. For example, it’s legal for … Continue reading
Posted in Government Debt, Nick Giambruno
Tagged benefits decrease, money printing, ponzi scheme, social security, taxes
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Economic Profanity
Significant changes are taking place. As we noted several weeks ago, for the first time in 27 years wealth is not flowing into emerging markets. It’s flowing out. The global economy everyone has known since the late 1980s is being … Continue reading
Posted in Government Debt, MN Gordon
Tagged china, currency, debt, default, dollar, treasuries
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Abolish the Federal Debt Limit
One trouble with government programs is they mislead people. Recipients believe they are getting a benefit when, in effect, they are unwittingly being placed in harm’s way. Time and time again, under the influence of a benevolent hand of government, … Continue reading
Posted in Government Debt, MN Gordon
Tagged debt ceiling, default, retirement, saving, social security, taxes
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This is War
Exactly 20-years ago this month we got our first email address. We were entering freshman year of college. Along with a student identification card we received an email account. The World Wide Web was a Wild West frontier at the … Continue reading