By Justin Spittler The world’s biggest financial bubble just popped. Regular readers know we’re talking about the bond market. This is where companies and the government borrow money. It’s about twice as big as the […]
Submitted by cpowell on Fri, 2017-02-24 01:15. Section: Daily Dispatches By Joe Rennison Financial Times, London Thursday, February 23, 2017 NEW YORK — Steven Mnuchin, U.S. Treasury secretary, said today that his staff have begun […]
A lot of the sharper-minded commentators have recently started pointing out a problem with Donald Trump’s plan to “make America great again”: lack of funds. The US is bankrupt: sinking ever-further into unrepayable debt, unable […]
By Mauldin Economics No matter who won the presidency, the economic way forward was not going to be easy. The Republican team understands they must “stand and deliver.” But as we will see, that is […]
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