Category Archives: Government Debt
Default Now
It is too bad that idiots don’t warn people before they do something really stupid. Perhaps someone of sound mind could intercept them and redirect their misguided intentions. Instead they seem to attract other kindreds…where they thrash about with self-reinforcing … Continue reading
Be Like Jimmy
The DOW jumped up 108 point yesterday. The headlines offer many reasons why this is so. But we don’t have time to consider them today. For we have other points to ponder…like debt. You see, individuals and nations alike have … Continue reading
Nearing the Boiling Point
There’s way more going on in this wild and whacky world than we can keep up with. We scan the headlines with wide eyes and a gaping jaw…gawking like our four year old son when he first saw the grotesquely … Continue reading
When the U.S. Treasury Bond Bubble Finally Explodes
The U.S. government borrows more than $40,000 per second. You’d think running up the credit cards at such a rate would be great fun. Yet, as far as we’ve made out, there’s nothing much fun about it. Who knows? Perhaps … Continue reading
