Tag Archives: bubble
The U.S. Government Will Inflate To The Bitter End
Without question, the student debt crisis is a disgrace. There are roughly 45 million student loan borrowers who owe on the order of $1.6 trillion. Most of this debt is from federal student loans. Continue reading
America’s Guaranteed Living Hell
One of the consequences of expansionary monetary intervention is that it distorts the relationship between financial markets and the underlying economy. Stimulus with the supposed intent of juicing the economy has the effect of juicing financial markets. Sometimes – like now – these inflationary policies have the effect of completely disconnecting the stock market from the economy. Continue reading
Every Bubble Eventually Finds its Pin
The transfer of wealth from workers and savers to governments and big banks continued this week with Swiss-like precision. The process is both mechanical and subtle. Here in the USA the automated elegance of this ongoing operation receives little attention. Continue reading
What Were They Thinking?
One benefit of hindsight is that it imparts a cheap superiority over the past blunders of others. We certainly make more mistakes than we’d care to admit. Why not look down our nose and acquire some lessons learned from the mistakes of others? Continue reading
