Category: Debt
America’s Finances Seem Fishy
Argentina is a banana republic with a high deficit and a currency crisis. America needs to be cautious if it wants to avoid the same fate.
Concert in a Dying Town…
As we take a trip to provincial France and observe the relics of a fallen empire, let’s think about what the past can teach us about credit and debt.
More Debt Won’t Make America Great Again
Trump believes that the way to make America great again is for the feds to borrow even more money. But what are the consequences of doing this?
How Trump Turns on The Fed
Donald Trump and Federal Reserve chairman Jerome Powell are at odds with each other. They want different things. What does this mean for the US economy?
Why Trump Wasn’t Invited to McCain’s Funeral
Even in death, McCain continues to cast his lofty shadow over Trump. However, symbolism aside, here’s the real reason why the two men have been at odds.
‘Stool Pigeons’ Turn on Trump
One by one, Trump’s closest allies are turning on him. And what’s worse is that the US economy is looking shakier than ever. How bad can things get?
Trump’s War with the Fed
Trump seems to be at war with everyone. But right now, his main adversary is the Federal Reserve, which has defied Trump by raising interest rates.
How the Deep State Impeaches Trump
Trump believes he’s invulnerable and nothing can touch him. But it all depends on the economy. Here’s what could happen if it goes sour.
How Bill Clinton’s Fed Twisted the Economy
Trump is at odds with the Federal Reserve for raising interest rates. But, really, this is an old problem that first started with Clinton and Greenspan.
MAGA: Mission Accomplished?
Trump has made America great again. Or has he? Let’s look at the debt and inflation figures that the White House would prefer to keep hidden.
Why America Hasn’t Had a Raise in Forty Years
Believe it or not, the wage of the average American has risen by only 13 cents an hour annually since the beginning of this century. Here’s why.
Turkey: A Glimpse of America’s Future
Right now, Turkey is sinking under a crushing wave of bad debt and lousy credit. This is an ominous warning for America’s own lack of fiscal discipline.
Bad News for Our ‘Sh*thole Portfolio’
From Turkey to Argentina to Nicaragua — credit is disappearing fast, but debt stubbornly remains. What does the future hold for our stock portfolio?
The Retirement Time Bomb
The number of Americans 65 plus going bankrupt is soaring. Low salary growth, debt and increasing healthcare costs are all starting to become a burden.
How Turkey Derails the Financial World
Donald Trump has just declared a trade war on Turkey. Is this the beginning of a financial contagion that will lead to a terrible outcome?