Tag Archives: Debt

GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

A seven day sampling: Yellowstone supervolcano: Steamboat geyser returns to activity; quiet since 2014 (Report)  Corruption is sinking the U.S. Navy’s new line of carriers? (Article) (Post Christian progress?)  China will bar people with low social credit scores from planes/trains? … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

From the week: The culture: British kids escape knowledge of British history these days … (Report) (History can be so inconvenient for a government) Corruption: The Pentagon’s reluctant admission of some 2,000 U.S. troops in Syria is likely substantially understated? … Continue reading

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Will Prez Trump’s Next Fed Chair Flush U.S. Wealth Now or Later?

Federal Reserve Chair Janet Yellen’s term ends next February; President Trump’s choice of the next Fed boss is probably the most crucial appointment that he is likely to face. Prez Trump and Congress are increasing  Military spending while the new … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

Qatar, cut from trade and diplomacy by its neighbors led by the Saudis over allegations of terrorism support and a too friendly posture toward Iran and notably not accused if its plan to compete with established energy powers using its … Continue reading

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A Potemkin Economy, Constructed By Corrupt Politicians? Or Is That Too Hard On Those Promising Our Welfare?

Total U.S. debt averages $828,000 per family. The percentage of working Americans has fallen back to late 1070’s levels (When there were still some housewives). The average student borrower owed $35,000 after graduation with a bachelor’s degree. The average U.S. … Continue reading

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A New Presidents Old Magic Money

The now integrated world economy approaches its impending Wiley E. Coyote moment. Rich countries are insolvent, having borrowed more than can be repaid to conduct military adventures and to bribe voters. Most of the rest are also bankrupt from even … Continue reading

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Democrats and Republicans Both Lost the Election (Analysis)

Democrats are blaming the FBI chief, the Russians, utterly deplorable voters and whatever else they can find (excepting Democrats, of course) for their loss. Republicans are keeping quiet since they “won,” sort of. But they really lost when Donald Trump … Continue reading

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