Silver as an investment

Category Archives: National debt of the United States

Lacy Hunt On The Unintended Consequences Of Federal Reserve Policies

Authored by Mike Shedlock via www.themaven.net/mishtalk, The Financial Repression Authority interviewed Lacy Hunt, Chief Economist at Hoisington Management on Fed policies. The interview below first appeared on the FRA website along with a video. The emphasis in italics is mine. FRA: Hi, welcome to FRA’s Roundtable Insight. Today, we have Dr. Lacy Hunt. He’s an […]

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 […]

Stockman: “Bitcoin Is The Poster-Boy For An Unhinged Financial System”

Authored by David Stockman via Contra Corner blog, The lemmings are now in full stampede toward the cliffs. You can literally hear the cold waters churning, foaming and crashing on the boulders far below. From bitcoin to Amazon, the financials, the Russell 2000 and most everything else in between, the casinos are digesting no information except the price […]

US Household Debt Is Rising 60% Faster Than Wages, And One Rating Agency Is Worried

In a report released today by DBRS titled “Consumer debt and debt burden”, the rating agency which is best known for keep Italian debt eligible for ECB monetization at the peak of the European banking crisis, looks at the latest Quarterly Report on Household Debt and Credit issued by the NY Fed (discussed here previously) […]

Stockman: US Entry Into World War I Was A Disaster

Authored by David Stockman via The Daily Reckoning, 103 years ago, in 1914, the Federal Reserve opened-up for business as the carnage in northern France was getting under way. And it brought to a close the prior magnificent half-century era of liberal internationalism and honest gold-backed money. The Great War was nothing short of a […]

How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement

Authored by Michael Snyder via The Economic Collapse blog, Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit.  But in our day and age, we are willingly enslaving ourselves.  The borrower is the servant of the lender, and there has never […]

Stockman Slams “The Deep State’s ‘Bogus Iranian Threat'”

Authored by David Stockman via The Ron Paul Institute for Peace & Prosperity, Last week, we identified a permanent fiscal crisis as one of the quadruple witching forces arising in October 2017 which will shatter the global financial bubble. Then, the Donald made the crisis dramatically worse by decertifying the Iranian nuke deal, thereby reinforcing another false […]

Social Security Means-Testing Looms: “It’s Impossible Without A 50% Income Tax Hike”

Authored by John Mauldin via MauldinEconomics.com, The projected total US debt will be $30 trillion within 10 years, using the CBO’s own numbers. But the CBO also makes the rosy assumptions that there will be no recessions and that GDP will grow at a 4% nominal rate. Now, that’s possible; I'm inclined to haircut it […]

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 […]

China’s Shadow-Lending Ecosystem Could Be As Large As $40 Trillion, PBOC Guesses

Authored by Deep Throat at Deep Throat Blog Today, I'd like to take some time to revisit a couple of related topics that we first started discussing a few years ago. I am, of course, referring to the burgeoning increases in China's Debt levels, Shadow Bank Assets (loans) and M2, along with a high-level analysis […]