A sorry situation brought on be men of much less character than our founding fathers. All about current gratification vs long-term stability; and the never-ending effort to deflect responsibility when things get uncomfortable. mrossol Source: The Federal Reserve’s Flawed Foundation: A Constitutional and Historical Re-examination
Germany’s looming pension apocalypse
November 19 | Posted by mrossol | Debt, Europe, IncompetentFor two decades, German politicians have stared this beast in the face and kicked the can down the road. Now the crisis is upon them and there are no solutions in sight. The American pension issue is running close at the heals of the German pension. (Both countries have the same strategy on debt.) mrossol Source: Germany’s looming pension apocalypse
The Banking Deception: Unpacking the Hidden Financial Architecture
November 9 | Posted by mrossol | American Thought, Big Govt, Debt, Losing Freedom, Ruling Class, Western CivilizationI would like to hope this guy is wrong, but I think what he lays out is not out of the realm of possibility. mrossol Source: The Banking Deception: Unpacking the Hidden Financial Architecture
The Final Crisis: This is Our Future | How Countries Go Broke
October 18 | Posted by mrossol | Debt, EconomicsJohn continues reviewing Ray Dalio’s How Countries Go Broke. Source: The Final Crisis: This is Our Future | Mauldin Economics
Wolff And Hudson On The Desperation Of Empire
September 26 | Posted by mrossol | American Thought, Debt, Europe, Russia, Socialism, US Debt, Wauck, Western CivilizationI agree that Trump does not seem like he has a firm, consistent strategy. Also agree that the US “Empire” is in decline; has been in decline for 30-40 years? I think our debt will be the straw to break the camel’s back. mrossol Source: Wolff And Hudson On The Desperation Of Empire
What Happens If We Do Nothing [about the Debt]?
June 20 | Posted by mrossol | Debt, Economics, ExpertsOur nation has a national debt of $37 trillion. In this post David Bahnsen of The Bahnsen Group explores his thinking on the answer to that question. It is a good read. And I think his basic premise, that no one knows, is a good point to consider and remember. [I wish I had heard it explained that clearly years... Read more
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