America’s Wealth Miracle Is On Shaky Ground
Posted December 26, 2024
The United States is experiencing an extraordinary surge in wealth. During the third quarter of 2024 alone, U.S. household wealth increased by $4.8 trillion, bringing
Tag Archives: Debt Ceiling
BBC World Business Report Interview on the Debt Ceiling Crisis
Posted May 10, 2023
Tonight, I discussed the US Debt Ceiling Crisis on the BBC’s World Business Report. I suggested that the Republicans in Congress are pursuing the wrong
Debt Ceiling Austerity: A Recipe for Stagnation and National Shame
Posted May 9, 2023
Republicans in Congress are once again insisting on a return to Austerity in exchange for lifting the country’s debt ceiling. Austerity can only lead to
The Uncertain Outlook For Asset Prices
Posted April 27, 2023
Home prices in the US are falling and it is very probable that they will continue to fall. The future direction of stock prices, however,
Interview: The Credit Bubble Popped
Posted February 18, 2023
I was recently interviewed by Addison Wiggin for his podcast The Wiggin Sessions. Addison is a financial writer, publisher, filmmaker and the author or co-author