Posts Tagged ‘ government debt ’

When the Bond Buying Stops, the Game Is Over

Jan 9th, 2012 | By | Category: Featured, Gold, Personal Investing
I would not touch bonds with a barge pole, especially government bonds. After 40 years of unending fiat money expansion, the world suffers from excess levels of debt. A lot of this debt will never be repaid. My expectation is that the market will increasingly question the ability and the ...read more

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Posted in Featured, Gold, Personal Investing | 11 comments


The Golden Age of Government Is Just Beginning

Dec 7th, 2011 | By | Category: Featured, Politics
When I talk to self-identified "conservatives" today, I am surprised how many of them have, finally, awakened to the fact that governments all over the Western world are bankrupt. It has taken a long time for them to do the math, but it is finally dawning on them that when ...read more

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Posted in Featured, Politics | 4 comments


Why Bother Working?

Sep 8th, 2011 | By | Category: Economics
What Robert Reich and people like him are saying is that working in productive employment is not at all necessary. To follow his logic to the fullest extent, we should just have people save gas and stay home. The government could borrow and/or print money, then send it to foreign ...read more

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Posted in Economics | 4 comments


The Fed and the Money Supply

Aug 11th, 2008 | By | Category: Currencies, Macro Economics
So Alan Greenspan — former chairman of the Federal Reserve — thinks this equals the Great Crash, if not out-bads it. “It’s getting increasingly evident that this is a once-in-a-century type of phenomenon,” he told the ever-fragrant Maria Bartiromo in an interview with CNBC this week, “not the standard type of ...read more

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Posted in Currencies, Macro Economics | No Comments »