When Creditism Met Covid-19
Our economic system, Creditism, was fragile and on government life support before the Coronavirus hit the United States. Now it is in intensive care. The new Macro Watch video describes the
Interview: Lessons From The Covid-19 Crisis
I have done a lot of podcast interviews recently discussing the dire economic consequences brought about by the Coronavirus and what must be done to mitigate them. I believe this is
US Banks On Life Support
The new Macro Watch video shows that, without the unprecedented support that the government and the Fed are providing to the economy during the Coronavirus crisis, it is likely that
Interview: Libertarianism, R. I. P.
I was recently interviewed by Hunter Thompson for a Cash Flow Connections podcast. We discussed the economic, political and geopolitical consequences of the Coronavirus. This is an interview you won’t want
Interview: The Coronavirus Economy
I had a really great conversation with my friend Andy Tanner for The Cashflow Academy recently. I highly recommend listening to this interview. It covers so much of what is
28 Days (and $1.8 trillion) Later
During the last four weeks, the Fed has prevented the complete collapse of the US economy by creating $1.8 trillion. It has used that new money to extend $1.8 trillion of
Life During Wartime Part Two
The Senate passed a $2 trillion stimulus bill this week. That is not going to be enough. The new Macro Watch video, uploaded today, considers two scenarios of how much
Life During Wartime
A wartime effort will be required to defeat the Coronavirus and prevent the US economy from collapsing into a Depression. But this war is very different from any we have fought
Interview: How To Prevent A Depression
This is the most important interview I have ever given. Listen to it now. The global economy is being crushed by the Coronavirus. Chaos reigns in the financial markets. In
Recession or Depression?
The United States economy will almost certainly fall into Recession this year because of the Coronavirus. The outcome, however, could be very much worse than that. Whether the US economy spirals