Cash in the bank
You spend more than you can afford for too long and pretty soon it’s out of your control. Then, lenders — sensing a train wreck — want more interest to protect themselves. And you can’t go on.
Commentary
Guardians of Empire
It’s not likely to get better before it gets worse. Treasury bond yields bottomed in 2020. They’ve been going up since then and are now at levels last seen just before the GFC.
Big Fat Financial Blow Up
DOGE failed to make a dent in federal deficits. With the last conservative in Congress out of the way, what’s to keep the Big Man’s Big Government from its Big Spending rendezvous with a big blow up?
A new range war
“How could we only get three calves from 30 cows” was the lead question.
Deeper, Steeper, and Creepier…
For at least two generations, the Soc. Sec. system seemed to work. The population expanded, so there were more and more people paying in…GDP growth was solid…and tech advances spurred productivity
Is Time on Your Side?
Measured in gold, the dollar has lost 99.111% of its value since 1971. We got the full value of the dollar 54 years ago. Our children get only a chemical trace of it.
