Karl Denninger has an interesting interview on the coming financial crisis. Hear the full interview here or hear the edited version below. Also, here is the link to the Simpson/Bowles article from the WSJ that Denninger references. We also recommend you read our feature on Exponential Debt Expansion.
Tag Archives: Financial Crisis
The Unsustainability of Nearly Everything
Many of us on the internet have written about how growth is dead and that the GDP growth we are now experiencing (minor as it is) is due to massive deficit spending at a rate of about $1.6 trillion per year. Once you sit down and do the math, the unsustainability of almost our entire […]
Exponential Debt Expansion Explained
Chris Martenson is one of the market analysts we follow pretty regularly. He does good interviews and podcast every once in a while. He’s not quite as sensational as some of our favored economist and tends to be very measured and careful with his endorsement of ideas. Overall, we think he’s fairly accurate. Here Martenson […]
The Secret Conception of the European Super State
The UK’s Telegraph reported yesterday on the leak of a German memo in which the economic powerhouse intends to create a new “super state,” whereby they will be able to control the economies of European nations. So much for national sovereignty. This is the kind of arrangement that only a few years ago would have […]