Tuesday , 26 May 2020


Debt & Deficits

Trump on Coming Debt Crisis: ‘I Won’t Be Here When It Blows Up’

Trump isn’t a doctrinaire conservative who deeply cares about the national debt, especially not on his watch. It’s not a top priority for him. He understands the political nature of the debt but it’s clearly not, frankly, something he sees as crucial to his legacy. It’s not like it’s going to haunt him.

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What Will the Catalyst Be For the Coming Economic Cataclysm? Here Are Some Suggestions

The world is in a mess economically, financially, politically and morally. The excesses and moral decadence of the magnitude the The world is experiencing today can never vanish in an orderly way. Sadly, only a total economic collapse can solve the problem and this is, of course, inevitable. No government, no corporation and no individual can or will ever repay the $250 trillion debt that is owed.

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