Tag Archives: debt
now watch the five-year treasury
Forgive us our debts, as we forgive our debtors . . . Financial markets have long watched the 10-year and 30-year treasuries because they have long been considered a good indication of long-term interest rates. While I’m sure they are still interesting, I think a more important number to watch now may be the 5-year [...]
Posted in uncategorized Also tagged 5 year treasury, national bankruptcy, national debt, omnipotent government, rollover risk, treasury bonds, treasury yields, united states Leave a comment
14,000,000,000,000.00
That’s what the national debt just passed. We are in a situation many nations have been in, but on a scale and intricacy never before seen. Hold on tight. Related Posts:Men Like This Are Why Tyrants Fear Free Speech.now watch the five-year treasuryeconomic numbers to watchnumbers to watch in the economic worldthe end is coming [...]
the end is coming for big gov’t spending — and not because of the republicans
The US government has followed a consistent policy, almost since its inception, of living beyond its means. Each generation has passed a portion of its own bills on to the next, while senators and congressmen pay their supporters for their votes and money by means of trillions, that is millions times millions, of dollars in [...]
greece and debt and all that nice stuff
I keep coming back to issues of national debt. That’s because the concept of national debt is one of the most important concepts anyone can understand. As I write this, by the way, US national debt is at approximately 12 955 billion dollars, or 117 744 dollars for each of us poor taxpaying saps. The [...]
Posted in uncategorized Also tagged banking, dick bove, greece, national debt, rochdale, taxation without representation Leave a comment
global debt crisis, fiat currency, trade deficits
I write a lot on economic problems of debt. And, because some of you might be tired of hearing me talk about it, here a link to someone else talking about it. And on the related subjects of trade deficits and their relationship to the soundness or unsoundness of money, Robert Murphy explains some facts [...]
new estimates on budget deficit released
(story) A bipartisan committee in Congress has released projections for the next ten years. They estimate that over the upcoming decade, there will be a total of 9.8 trillion in deficits, bringing our debt up to 20.28 trillion. For those who, like me, simply feel numbness at that figure, that’s almost 1 1/2 times the [...]
Men Like This Are Why Tyrants Fear Free Speech.