Category: Interest Rates
How the Middle Class Was Doubly Cheated
Policy proposals by Republicans and Democrats set off intense political firestorms — setting ‘us against them’ — but they leave the real distribution of power and wealth untouched.
‘Us Versus Them’ Is Always a Scam
Why would taxes on the rich suddenly be so popular? Easy…the middle classes think they’ve been cheated. Many thought Donald J Trump would set things right. Now they look to the tax code.
America: 52nd in Freedom
Tax revenues, deficits, negative interest rates — it all goes to the same place: wherever the Deep State deciders want it to go.
Prepare for the Financial Volcanic Eruption
I’m in New Plymouth, on the west coast of the North Island of New Zealand (NZ). The bolthole search continues. You’ll find more on that below.
US Stocks Are Playing Russian Roulette
Top macroeconomists are calling for a recession ‘before the end of 2020.’ What? We’ve already been waiting for years…
The Real State of the Union
Americans are now among the most heavily policed people in the advanced world. There were three federal crimes in 1789; there are more than 4,000 today.
Why Intellectuals and Interest Rates Don’t Matter
No crowed cities. No family quibbles. No money. No private ownership. And here’s the best part, we put all the smart people in charge. This is the utopia Thomas More describes in his book.
Where the Markets are Going in 2019 and How You Could Profit
As investors, you and I simply need to understand how and where to invest. Let’s look at some of the key trends set to impact on asset prices in 2019.
Central Banks Are Running Out of Time…
There was a lot of worry about what central banks are planning — or not planning — to do. Elites are nervous at what could be lying ahead of us. We are worried too.
Investors Will Fight This Trend…And Lose
After a 38-year boom, the fundamentals have reversed. Day is night; night is day. From lower and lower interest rates, we see rising ones.
The Real Problem with AOC’s Tax Hike
Americans seem to be getting on board the ‘tax the rich’ train faster than they can sell tickets for it. Envy is readily disguised as ‘virtue signalling,’ and larceny is easily confused with reducing ‘inequality.’
Donald Trump and Alexandria Ocasio-Cortez Will Join Forces
The private sector faces a recession. Wall Street sees a bear market coming. In Washington, tax receipts will fall…as costs continue to rise.
Trillion-Dollar Deficits From Here to Eternity
In America today, it is almost impossible — politically — to cut government spending or to raise taxes. That leaves debt as the only way forward.
Mr Market Will Have the Last Laugh
The US government funded the boom of the last 30 years with debt — which increased, year after year, 2-4 times faster than the GDP needed to pay it.
The Most Absurd Myth of the 21st Century
Assets, markets, companies, and empires rise and fall. But now comes the most absurd myth of all — that the feds can ‘manage’ and ‘guide’ the economy,