This week, we’ve been exploring the age-old question: Who pays unpayable debt? The borrower?The lender? Someone else?
Show us the politician who wins the White House by promising to cut the voters’ benefits, raise their taxes, and end military boondoggles all over the planet? He doesn’t exist.
Still no visible crack in the stock market. But the economy may be breaking down. First, there is growing recognition that the Obama/Trump recovery has been a flop.
And now, the runaway train gathers speed. The federal deficit was $587 billion in Obama’s last year. Mr. Trump’s budget increases it to $1 trillion.
Taxes, tariffs, regulations – they’re all ways to transfer wealth and power from the common man to the elite who control the government.
Some say capitalism has failed America. More likely, America has failed capitalism. Capitalism needs capital. Real money, in other words. The feds gave it fake money.
No economic recovery ever exceeded 119 months. This one is already at month 116. The audience is getting restless. It’s time to wrap it up.
Interest rates are looking stable, but there’s another more sinister risk looming…It only takes one thing to go wrong and it can spiral out of control.
There are talks of a recession everywhere. Many are predicting one…Still, some don’t believe we could be heading towards a recession…
It took them months to admit what was already obvious to most of the population. That is, that the economic ‘slowdown’ was in fact a full-blown crisis.
As the skies darken and the outlook grows dim, will we be armed and ready? Or will we be the ones who end up cold, damp and penniless?
Cannabis investing is a speculative play. Yet while usually in a recession speculative plays don’t do well because money is scarce, we think cannabis could be different.
The Fed is looking at one more interest rate hike this year and three in 2019…or so they said. But investors aren’t buying it.
Right now, across the markets, investors have had the wind knocked out of them…And the decision has to be made — is this just a normal market mood swing? Or the end of the world…
If you are not familiar with bonds, they are basically a loan agreement. Usually the longer the term of the debt, the higher the yield since the risk is higher. Yet sometimes, this curve inverts.