Massive Federal deficits require higher taxes; ever-expanding public debt and higher debt service sets up a death spiral once new investment is crowded out by Federal borrowing.
In only three more years you’re talking $20 trillion in public debt f…
Tag Archive for Federal Debt
Charles Hugh Smith
You Can’t Fool Mother Nature For Long: The Substitution of Debt for Productivity
by Charles Hugh Smith • • 1 Comment
The “big story” of the U.S. economy is that we have substituted expansion of debt for meaningful increases in productivity.
For the past 30 years, the U.S. economy has become increasingly dependent on explosive debt expansion for its “growth” rath…
Charles Hugh Smith
Why Bernanke has Failed, and Will Continue to Fail
by Charles Hugh Smith • • 0 Comments
Ben Bernanke’s zero-interest rate policy (ZIRP) and command-economy efforts to maintain mispricing of risk, debt and assets are destroying capital and capitalism. No wonder his policies have failed so miserably.
To understand why Federal Reserve C…
Bears Chat, Best of the Forums
The World is Drowning in Debt ……
by Bears Chat at The Wall Street Examiner • • 0 Comments
Three metaphors describe Europe: drowning in debt, circular firing squad and trying to fool the money gods with an inept game of 3-card monte.
The world’s major economies are drowning in debt–Europe, the U.S., Japan, China. We all know the U.S. h…
Bears Chat, Best of the Forums
The Federal Debt As A Criminal Scam
by Bears Chat at The Wall Street Examiner • • 0 Comments
The Federal Reserve is a criminal syndicate buying debt that the government eagerly creates and sells for spending money that dumps the debt on us civilians. What perplexes me is that the scam is so simple and all the intellectuals either don’t get…
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Ron Paul’s Debt Ceiling Plan
by Bears Chat at The Wall Street Examiner • • 0 Comments
Excerpt:
Paul’s plan starts with the Federal Reserve. In the last year or two the Fed has been buying up U.S. Treasury bonds in an effort to lower interest rates and boost the economy. The most recent round of that buying has been dubbed QE2, and has …
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Editorial: A jobs idea that has already failed.
by Bears Chat at The Wall Street Examiner • • 0 Comments
Editorial: A jobs idea that has already failed.
By Anonymous
The MetroWest Daily News
Posted Jun 23, 2011 @ 08:10 AM
Americans are desperate for jobs, and Washington is desperately in need of ideas for creating them. Republicans are consumed with re…
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Taking Away The Punchbowl
by Bears Chat at The Wall Street Examiner • • 0 Comments
Whenever I unleash a tirade at home about how Federal spending has leaped 40% in three years and how the government is now borrowing 42% of its spending, my wife points out that nobody cares because the deficit doesn’t impact them at all. This alwa…
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Shoe Box Time?
by dshort.com - Financial Life Cycle Planning • • 0 Comments
By guest contributor Chris Kimble
May 18, 2011
Sometimes it can pay for investors to put their money in a “Shoe Box” (not have monies at risk). If investors had put their money in a shoe box in 1929 (prior to the Dow declining 90%), 3 years later…
Bears Chat, Best of the Forums, Charts, Economics
U.S. Economic Growth: GDP Minus the Federal Deficit
by dshort.com - Financial Life Cycle Planning • • 0 Comments
April 28, 2011 Guest Commentary by Randy Degner
Note from dshort: A few days before today’s publication of the Q1 2011 advance GDP estimate, I received an email that eloquently expresses a widely held view of Gross Domestic Product — namely …
