Tag Archives: congress
State Sponsored Suicide
The entire American lifestyle – and by extension, the global economy – is built on the singular, fragile assumption that the rest of the world will always want to buy American debt. For decades, this was a safe bet. Treasuries were considered risk free in terms of default. Continue reading
How a Government Shutdown Can Restore American Independence
The clock is ticking. Congress has until the end of the month to avert a partial government shutdown. Federal agencies, and their dependent employees, are counting on a last-minute deal to keep the money flowing to their coffers. Continue reading
Dumb Reasons Why More QE Is Coming
Debt, deficits, and debt interest payments have crippled America’s finances in a way that only a government of corrupt clowns could have made possible. Decades of overspending are coming home to roost. We all get to live with the consequences. Continue reading
Dollar Debasement Ad Infinitum
If there’s one thing to understand about what’s going on in the political economy today, it is the fundamentals of debt. You do not need to be a bean counter or get too deep into the weeds to get a handle on things. Continue reading
