Now growing at $3 trillion a year!
Apr 2nd, 2024
While GDP only grew by $2.2 trillion! What AMAZING things will we get for $3 trillion in new debt?
Built on the back of debt!
Nov 18th, 2023
It is not a matter of if our debts overwhelms the system, it is when they will overwhelms the system! Debt is income you have not yet worked for.
Treasury needs a better long game
Nov 18th, 2023
As of this writing U.S. debt is $34 trillion dollars or 135% debt to GDP. As this article predicted, the ten year Treasury bounced off of 5% last week, and this piece that I wrote in 2013 has become a reality, BUT, the interest could actually be approaching 1 trillion!
Politicians are out of options
Nov 18th, 2023
JFK Ask not, what your country can do for you, ask what you can do for your country. Today Ask not, what you can do for your country, ask what your country can do for you.
Mandatory spending vs the constitution
Nov 18th, 2023
Nowhere in the Constitution does it mention mandatory spending. How did socialism take such a hold.
DEBT buys a glimpse of prosperity you haven't earned.
Nov 18th, 2023
I wrote this piece n 2012 when debt to GDP was 100%, this chart projected our debt to GDP to be 110% by 2024, but our debt is already at 135% of GDP.
A governance conundrum
Nov 18th, 2023
First rail of politics: Don't cut constituents benefits. Second rail of politics: Don't raise constituents taxes. What's left? MASSIVE UNSUSTAINABLE DEBT!
The Final Bubble
Nov 18th, 2023
I predicted that the bond bubble would pop in 2018, but bonds lost 50% of their value in 2023, I was a bit early!
U.S. debt is Subprime
Nov 18th, 2023
The U.S. Government is the largest holder of adjustable rate debt in the world.
Baby Boomers v Their Children
Oct 11th, 2023
Baby-boomers have lived through one of the longest periods of prosperity the WORLD has ever seen, with U.S. GDP growing by 550% over the past 31 years.