Silver as an investment

Category Archives: Deficit Spending

Un-Merry Christmas: The Perverse Incentives To Over-Consume And Over-Spend

Authored by Charles Hugh Smith via OfTwoMinds blog, Isn't it obvious that if we set out to design the most perverse, toxic and doomed system possible, we'd end up with the Keynesian Cargo Cult's insane permanent growth/Landfill Economy? Few topics are off-limits nowadays: the personal and private are now splashed everywhere for all to see. […]

Ron Paul: Good News, Young Americans Want A New Political Party

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Do we need a third major political party? I often joke that I’d be happy if we actually had a second party, as when it comes to the big issues – war, monetary policy, civil liberties – the Republicans and Democrats are […]

We Give Up! Government Spending And Deficits Soar Pretty Much Everywhere

  We Give Up! Government Spending And Deficits Soar Pretty Much Everywhere Posted with permission and written by John Rubino, Dollar Collapse     A recurring pattern of the past few decades involves governments promising to limit their borrowing, only to discover that hardly anyone cares. So target dates slip, bonds are issued, and the […]

Deutsche: Every Time We Asked “How Much Lower Could Vol Go” Things Would Become Unpleasant

According to Deutsche Bank’s Aleksandar Kocic, we live in a reflexive world, one where “the Fed knows that the market knows and the market knows that the Fed knows that the market knows, so everyone knows, but pretends that nobody knows and the game goes on.” That pretty much covers much of modern market analysis […]

“What Happens When The Market Can No Longer Pretend”: Charting Today’s Minsky Moment Dynamics

Back in July, Deutsche Bank’s derivative strategist Aleksandar Kocic believed he had found the moment the market broke, which he defined as a terminal dislocation between market and economic policy uncertainty: as he wrote 4 months ago, it was some time in 2012 that markets “lost their capacity to deal with uncertainty.” It was also […]

“This Is The Catalyst For Everything”: Deutsche Sees Only Two More Rate Hikes Before The Fed Loses Control

In his latest weekend note, One River CIO Eric Peters discussed, among other topics, what he thought would be the nightmare scenario if not for the current, then certainly next Fed chairman: a world in which despite the Fed’s best intentions (and we use the term loosely), the Fed continued to hike rates without any […]

US Boosts Defense Spending – To What End?

Authored by J.Hawk, Daniel Deiss, & Edwin Watson via SouthFront.org, One of Donald Trump’s campaign promises was the pledge to “rebuild the US military”, and it is one of the few of his initiatives that appears to enjoy broad bipartisan support. The US Senate’s version of the defense appropriations bill provides for what amounts to […]

We Are Already In Depression (If Borrowing Money Is Not Income)

Via Baker & Company Advisory Group, The U.S. economy is not as solid as it appears. Statistical anomalies hide profound weakness. I will examine actual GDP and actual employment. Warning: not for the faint of heart. Do you consider debt as income? Before you answer that, let’s perform a thought experiment. Imagine that you had taken […]

The “Trump Tax Plan” – Details & Analysis

Submitted by Lance Roberts of Real Investment Advice Almost a full year after the election of Donald Trump to the White House, one of the key promises made to voters was the largest “tax cut” since Ronald Reagan was in office. As President Trump stated in Indiana yesterday: “This is a revolutionary change, and the […]

Domestic Politics Is Dictating Our Foreign Policy

Authored by Ryan McMaken via The Mises Institute, There is a common naïve view among many conservatives — and other supporters of a bloated military establishment — that foreign policy is made as part of a rational process in which foreign threats are assessed, and then requests are made to Congress to fund projects that […]