Category Archives: Government Debt
Treasury Bubble Redux
Last week, while everyone was busy gawping at the stock market’s wild swings and oil’s epic fall from grace, we set our sights on the 10 Year Treasury note. On Thursday and Friday the yield touched down at 1.75 percent. … Continue reading
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
