The horrifying reality of how unthinkable amounts of debt have trapped vulnerable Americans into the devastating consequences of loss of a job or insufficient funds for retirement. Story of an American family which went to live in Ecuador. The danger of American interference in Syria. The healthcare system: no change! The precarious reality of the aviation industry. Economist Hyman Minsky. After five months, little change and zero of Trump’s promised ‘reforms’. Yet more ‘Russian’ nonsense. A powerful argument exists that had Trump winning the popular vote, too.
Trump’s opponents seem like they’ll never let up. How far will they go? More ridiculous projections from the Federal Reserve. An appraisal of Trump’s personal situation. The government is drastically widening the scope for ‘Civil Asset Forfeiture’. What they’re doing is beyond belief! A few more comments on the Fed. Monumental fraud discovered by a prestigious financial analyst at the Clinton Foundation. A new business opportunity: no upfront money needed!
The Federal Reserve is not only a totally unnecessary institution, it is blindingly incompetent. They have armies of economists and their combined conclusions are totally erroneous 100% of the time. Current economic statistics show indisputably that the economy is in full decline. The banks are becoming less safe. Trump will not be impeached. His opponents know this. They just want to obstruct his agenda. More on cryptocurrencies. The upcoming economic catastrophe will draw people’s minds quickly away from Trump and his goings-on.
Path to the financial slaughter made possible by the Glass-Steagall repeal in 1998. The Comey Senate speech. An example of a stock short selection. Long-term deflation is with us. The limited value of ‘experience.’ The hazards of lending and borrowing money. Why a debt jubilee is impractical.
The history of brazen attempts to overthrow sitting American presidents. One insolvent Spanish bank being taken over by another insolvent bank! More consumer bad news. A quick follow-up to last week’s comment on economics. Absurd attempts to criminalize the Trump administration’s meetings with “The Russians”. More store closings. The nonsensical unemployment figures for last month. The tulip mania. Presidents’ rights over initiation and abrogation of treaties. Homelessness in Los Angeles.
How long the madness persists and how it will end. Trump’s U-turn on Saudi Arabia. The legacy of The Marshall Plan. National money management run amok. Comment on the recent, monthly unemployment statistics. Russia’s pushback to America’s constant carping. A recent, stunning discovery: a true break-through in my understanding of today’s economy. The difference between my parents’ and my own relationship to the government.
Quick economic recap. America tries to assert global hegemony over Russia. The motive behind the demonization of Flynn: his desire to normalize relations with Russia. Why wages are not rising. The government lying about delinquencies and defaults. Going out to lunch: a dying tradition in the U.S. Soft drinks in Mexico are killing the population. Thanks, Coke and Pepsi! U.S. car sales are declining again.
Why bankers depend on established (but quack) economists to guide them. Central bankers lend money to anybody and everybody, a sea-change since August 15, 1971. No evidence of Russia interfering in the 2016 U.S. election. The crisis of growing debt-to-GDP. QE and the markets. U.S.-caused casualties now exceed Syrian government ones. Worry is good for you! Budget cuts are useless. A catastrophe is unavoidable.
Americans no longer live in the real world. Everything is a fantasy. Americans’ debt is much more pernicious than the debt they held in 2008. Trump’s plan to slash spending is unworkable. Ditto his budget. The dangers of WiFi in your home. Current inflationary trends. Professor asked to resign by students because he would not agree to white people absenting themselves for a day. Cryptocurrencies, part 2. Jim Kunstler piece. A healthcare anecdote. Trump’s U-turn over Saudi Arabia. This is a shocker!
Atrocities in Venezuela show the suddenness with which a society can turn against itself. America, be warned! The consequences of artificial intelligence. Update on Brexit: the E.U. doesn’t have the leverage it thinks it has! What happens when C&I lending retrenches… Letter from an ‘ordinary person’. Listen to the hopelessness. Doctors: older, not necessarily wiser. Another U-turn from Trump, this time: Iran. Hearken to the fate of Caligula! The demise of religion.