Tag: Federal Deficit
How the Country Goes Broke…
Come the next crisis, our problems will intensify. Tax revenues will plummet. Deficits will grow to $2 trillion a year in 2019 or 2020.
Dow 10,000
Trump will do whatever he can to keep prices rising on Wall Street — by talking up the economy with his usual mixture of real bravura and counterfeit facts.
America’s Debt: A Recipe for Disaster
The stock market is more volatile than it’s ever been. Why? Well, it all comes down to America’s ferocious appetite for debt.
How Trump’s ‘Right-Hand Man’ Drove Sears Into the Ground
As the Dow seesaws, the major casualty this past week has been Sears. Here’s how financial hustling contributed to the company’s collapse.
America’s Economy Is on a ‘Suicide Mission’
The US government is the largest player in the financial markets. It is the biggest spender. So when it acts irresponsibly, the consequences can be dire.
America’s Oil Boom Is a Fraud
Are you thrilled by booming stock prices? Well, don’t be. An expansion of debt will always lead to a contraction of debt. A crash is looming on the horizon.
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.
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.