Debt and declining demographics are a dangerous combination
Our monetary system plays a big role in causing the demographic decline. How that works is hidden from many. But we can be the remedy by sharing our wisdom with the younger generation.
The Daily Reckoning Australia
The Curious Case of Fake GDP
Fake growth produces high asset prices, increased sales and profits, and raises debt levels. It distorts the economy…uses up precious time and resources (capital!)…and actually makes us poorer.
Ghost Nation
Ultimately, output depends on someone putting out. But who? Native-born American women are not having enough children to keep up.
The biggest infrastructure spending boom in history just kicked off
Did governments screw up our gas supply? According to some sources in the industry, a rather similar thing happened to our electricity and water industry.
Scott Bessent’s Big, Beautiful, Budget Abomination
The more of a society’s resources that are spent on the feds’ projects, the less is left for everything else. Government borrowing in the US now ‘crowds out’ private borrowing almost completely.
In Defense of Real Numbers
Real numbers are the sacred language of a win-win economy. They allow us to quantify, measure, and compare everything from time to the price of tomatoes.
