Category Archives: Government Debt
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
Morons At Large
Up here, near the face of Tahquitz Peak, the summer twilight lingers a little longer. The evening sunshine bends through the tall shady pines and sweet smelling cedars, basking on Idyllwild…the splendor mile high Southern California mountain village. We breathe … Continue reading
An Absolute Disaster?
Last Thursday the DOW surpassed 17,000 for the first time ever. What a marvelous achievement. The combined forces of mass money creation and speculative fervor have bid up the market to levels a person of sound mind and honest intentions … Continue reading
