Home » Posts tagged 'debt' (Page 64)
Tag Archives: debt
The Federal Reserve Must Go
The Federal Reserve Must Go If you want to permanently fix America’s economy, there really is no other choice. Even before Ron Paul’s rallying cry of “End The Fed” shook America during the peak of the Tea Party movement, I was a huge advocate of shutting down the Federal Reserve. Because no matter how hard […]
The Coming Debt Reckoning
The Coming Debt Reckoning American workers, as a whole, are facing a disagreeable disorder. Their debt burdens are increasing. Their incomes are stagnating. There are many reasons why. In truth, it would take several large volumes to chronicle all of them. But when you get down to the ‘lick log’ of it all, the disorder stems from decades […]
Cracks in Ponzi-Finance Land
Cracks in Ponzi-Finance Land Retail Debt Debacles The retail sector has replaced the oil sector in a sense, and not in a good way. It is the sector that is most likely to see a large surge in bankruptcies this year. Junk bonds issued by retailers are performing dismally, and within the group the bonds […]
Where There’s Smoke…
Where There’s Smoke… …There’s central bank manipulation Central banks around the world have colluded, if not conspired, to elevate and prop up financial asset prices. Here we’ll present the data and evidence that they’ve not only done so, but gone too far. When wee discuss elevated financial asset prices we really are talking about everything. […]
Stockman: We’re Borrowing Our Way to Economic Disaster
Stockman: We’re Borrowing Our Way to Economic Disaster David Stockman joined the Fox Business and the show Mornings with Maria to discuss the tax reform highlights for the current White House and GOP platform and what he views as a real threat of economic disaster in the U.S. During the discussion Stockman highlights what to […]
How Heavy Is This?
How Heavy Is This? Here is a glass of water. You’re holding it. How heavy is it? The answer is: the actual weight probably doesn’t matter. It’s just a glass of water. What matters is how long you hold it. Hold it for a minute, it’s no problem. An hour and your arm will ache. A day […]
Our Economies Run On Housing Bubbles
Our Economies Run On Housing Bubbles Rene Magritte Memory 1948We are witnessing the demise of the world’s two largest economic power blocks, the US and EU. Given deteriorating economic conditions on both sides of the Atlantic, which have been playing out for many years but were so far largely kept hidden from view by unprecedented […]
CBO Warns Of Fiscal Catastrophe As A Result Of Exponential Debt Growth In The U.S.
CBO Warns Of Fiscal Catastrophe As A Result Of Exponential Debt Growth In The U.S. In a just released report from the CBO looking at the long-term US budget outlook, the budget office forecasts that both government debt and deficits are expected to soar in the coming 30 years, with debt/GDP expected to hit 150% […]
Jim Rogers Warns, The Fed “Has No Clue… Will Ruin Us All”
Jim Rogers Warns, The Fed “Has No Clue… Will Ruin Us All” “What worries you?” asks a Bloomberg TV anchor of billionaire investor Jim Rogers. Rogers was not shy in his response: “The Federal Reserve… has no clue what they are doing. They are going to ruin us all.” Having driven rates to record lows […]
When the “Solutions” Become the Problems
When the “Solutions” Become the Problems Those benefiting from these destructive “solutions” may think the system can go on forever, but it cannot go on when every “solution” becomes a self-reinforcing problem that amplifies all the other systemic problems. We are living in an interesting but by no means unique dynamic in which the solutions […]
Why This Market Needs To Crash
bofotolux/Shutterstock Why This Market Needs To Crash And likely will Like an old vinyl record with a well-worn groove, the needle skipping merrily back to the same track over and over again, we repeat: Today’s markets are dangerously overpriced. Being market fundamentalists who don’t believe it’s possible to simply print prosperity out of thin air, we’ve […]
Bank Loan Creation Crashes At Fastest Pace Since The Financial Crisis
Bank Loan Creation Crashes At Fastest Pace Since The Financial Crisis Last weekend, after looking at the latest H.8 statement by the Fed, we noted something concerning: total loans and leases by U.S. commercial banks were rising at an annual pace of about 4.6%, based on weekly Fed data. That is down from a 6.4% pace for […]
Banks Are Evil
Barandash Karandashich/Shutterstock Banks Are Evil It’s time to get painfully honest about this I don’t talk to my classmates from business school anymore, many of whom went to work in the financial industry. Why? Because, through the lens we use here at PeakProsperity.com to look at the world, I’ve increasingly come to see the financial […]
The Long Run Economics of Debt Based Stimulus
The Long Run Economics of Debt Based Stimulus Onward vs. Upward Something both unwanted and unexpected has tormented western economies in the 21st century. Gross domestic product (GDP) has moderated onward while government debt has spiked upward. Orthodox economists continue to be flummoxed by what has transpired. What happened to the miracle? The Keynesian wet […]
