Category Archives: Government Debt
One Destructive Bad Idea
Over the years, we’ve come across many bad ideas. Rap music, for instance. Or legal tender laws. But the real measurement of a bad idea is how much popular destruction it can bring. It’s a real shame there’s no warning … Continue reading
Watch Out Below
Six months ago a canary was sent down into the global economic coal mine. At the time, oil was priced at over $110 a barrel. Last month they pulled the canary retrieval line back up…the canary was dead. The economy … Continue reading
Why China Will Suffer a Hard Landing
Global economies are struggling. Europe’s economy is stalling out. The Japanese economy’s shrinking at an annualized rate of 7.1 percent. But we won’t dwell on Europe or Japan at the moment. For today we set our sights on a Chinese … Continue reading
Why the U.S. Government Should End the 40-Year Crude Oil Export Ban
An abundance of oil hides a lot of mistakes. Just think of Saudi Arabia. Oil accounts for 95 percent of their exports and contributes 70 percent of government revenue. Unfortunately, the royal family’s taken this cash cow and squandered it. … Continue reading
