While business deals are indeed booming on the back of Trump’s deal making blitz, I’m not convinced they’re offsetting the pace of economic decline.
The Daily Reckoning Australia
No Safety, No Surprise
Both parties now accept deficits. Both approve of more debt…and of diddling interest rates to make it easier to borrow. Both now offer the voters ‘something for nothing.’
Something for Nothing, Again
Every ‘something for nothing’ government program is actually a transfer program. The feds produce no wealth. They merely take it from some people and give it to another.
Into the Fire
Measured in gold, the story takes an even darker turn. Instead of being worth 38 billion ounces of gold, today’s economy is worth only 7.5 billion ounces — less than a quarter as much.
A housing solution that promises a bigger problem
For a few months, I’ve been searching for a new home. In this journey, we’re aware that the government created a scheme purported to help first homebuyers like me. Except, thanks but no thanks!
Prepare for Rip-Off
People generally are probably no more corrupt than they always were. They are neither always good, nor always bad…but always subject to influence.
