Tag Archives: default
The Big Government Show Must Go On
The real State of the Union – the one President Trump omitted from his address – is a state of impending doom brought on by 50 years of relentless debt accumulation. Day after day, week after week, month after month, year after year, the federal government has spent more than it takes in. Now the debt has piled up past the point of no return; there’s no longer an expedient way to reverse course. Continue reading
Thirteen Reckonings Hanging in the Balance
The NASDAQ slipped below 8,000 this week. But you can table your reservations. The record bull market in U.S. stocks is still on. With a little imagination, and the assistance of crude chart projections, DOW 40,000 could be eclipsed by … Continue reading
The Degrading Facts of a Fake Money Hole in the Head
Today we begin with the facts. But not just the facts; the facts of the facts. We want to better understand just what it is that’s provoking today’s ludicrous world. To clarify, we’re not after the cold hard facts; those … Continue reading
Broken Promises
Consumer debt, corporate debt, and government debt are all going up. But that’s not all. Margin debt – debt that investors borrow against their portfolio to buy more stocks – has hit a record of $642.8 billion. What in the … Continue reading
