Tags » Debt

The Exponent Problem, by Robert Gore

2, 4, 8, 16, 32, 64, 128, 256, 512, 1024, 2048, 4096, 8192…

Most people find managing their own affairs sufficiently challenging. Earning a living, establishing a family, rearing children, saving for college and retirement, and dealing with illness and aging fill the days and leave little time, attention, or energy to manage someone else’s affairs. 1,110 more words

Government

Turkey Will Be Ground Zero in the Next Global Debt Crisis, by Jim Rickards

The headline conveys too much certainty. Turkey could be ground zero in the next global debt crisis, but there are so many candidates for that honor. 377 more words

Government

Who Will Buy Trillions Of US Treasuries??? by Chris Hamilton

The coming onslaught of US government debt will overwhelm the market. From Chris Hamilton at economica.com:

As of the latest Treasury update showing federal debt as of Wednesday, February 15…federal debt (red line below) jumped by an additional $50 billion from the previous day to $20.76 trillion.  315 more words

Government

New Fed Chairman Will Trigger A Historic Stock Market Crash In 2018, by Brandon Smith

Brandon Smith further elucidates his hypothesis that the Federal Reserve will deliberately make the stock market crash. From Smith at alt-market.com:

Ever since the credit and equities crash of 2008, Americans have been bombarded relentlessly with the narrative that our economy is “in recovery”. 355 more words

Debt

Historic Market Test On Deck: Record $179BN In Treasurys For Sale Today, Quarter Trillion This Week, by Tyler Durden

The US Treasury will issue more debt this week than it’s ever issued in a week, and it’s only a four-day week! From Tyler Durden at zerohedge.com: 356 more words

Government

US Treasury Posts Gigantic $1.16 Trillion Shortfall in Fiscal 2017, Hilariously Points out “Where We Are Headed”, by Wolf Richter

If the government had to account for its liabilities like most corporations do, it would have shown a $1.157 trillion deficit, not the $665.75 billion deficit it reported. 419 more words

Government

How Did America Go Bankrupt? Slowly, At First, Then All At Once!!! by Chris Hamilton

Here is the story, with charts, detailing America’s impending bankrupty. From Chris Hamilton at economica.com, via zerohedge.com:

The US federal debt has again been on the move, as of mid-week up to a fresh record of $20.7 trillion.  310 more words

Government