It’s the Debt Stupid, Part Duh
The bills, great or small, are still unpaid. They are among the $40 trillion worth of accumulated federal debt that must be serviced every year, for ever and ever and ever. Amen.
It’s the Debt, Stupid
It’s the Debt, Stupid
Western governments used to be able to fill budget gaps by borrowing money. Now, the debt is gargantuan…interest payments are surpassing national ‘defense’ costs…and interest rates are going up.
All Bubbles End in Deflation
All Bubbles End in Deflation
When the feds are going to print money, the dollar becomes a hot potato. They aim to get rid of it as soon as possible. Sales go up in the short run. In the longer run, the economy is destroyed.
A Bigger Bite of the Hot Dog
A Bigger Bite of the Hot Dog
Here’s Mishtalk.com with disheartening news:
America’s Yard Sale
America’s Yard Sale
Oil may sell for $100 a barrel, delivered to the refinery. But it may cost more than $100 to deliver it. That’s why most of the world’s oil ‘reserves’ remain in reserve.
Misleading Voters in the Customary Way
Misleading Voters in the Customary Way
When the financial world begins to shake and shimmy, lenders become cautious. They’re no longer concerned so much about the rate of return ON their money; they worry about the return OF their money.
Truth Will Out
Truth Will Out
The truth comes out. That’s what busts are for. You can’t make people richer by printing more pieces of paper or lowering their interest rates. Those truths are only whispered softly at the beginning.
The Old Barkers’ Con
The Old Barkers’ Con
Prices — including the price of credit — are primarily information. They signal the relationship between money available for lending and the demand for loans.
One preposterous flim-flam after another
One preposterous flim-flam after another
Everything, every asset class…every shopping decision…and every dollar has been distorted, stretched…twisted, puffed up and corrupted.
Stroll Through BubbleLand
Stroll Through BubbleLand
The feds can’t stop spending. And they can’t afford to let interest rates rise. Look for more intervention…more debt, and a dollar that shrinks like cotton candy.
