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Articles related to Sovereign Debt
Sprott Money
Free Stuff, Monopoly Money, and Free Passes - Gary Christenson
THINKING OF THE RNC AND DNC… Politicians get elected by telling voters what they want to hear, especially that voters will receive a pile of “free stuff.” Politicians are (usually) funded by large corporate interests, particularly the financial industry, military contractors, Big “Ag,” and Big “Pharma.” It takes $ billions to buy a Presidential election and large corporate interests expect favorable access and legislation as a result of their huge contributions. It is easy to see. Conclu
Wednesday, July 27, 2016
Mish - Global Economic Analysis
Did Merkel’s Misguided Pragmatism Wreck the EU? Eurozone?
Financial Times columnist Wolfgang Münchau points a finger squarely at chancellor Angela Merkel in his article High Price of Europe’s Misguided Pragmatism. As is typically the case, Münchau gets some things right while missing the big picture. As for solutions, Münchau is nearly always wrong. Sustainability is what this is all about. This is the main lesson from the Brexit vote. Britain will leave the EU not because David Cameron , the former prime minister, made a tactical error. He did, of co
Tuesday, July 26, 2016
Sprott Money
Retirement Dreams and Nightmares! - Gary Christenson
You want to retire? The retirement dreams of most Americans, Japanese, and Europeans are threatened. Why? There are many reasons. We can’t quit working – we need health insurance, even when the rates increase by double digits each year. Grim! We can’t afford to retire – we have too much debt. We have lived beyond our means, just like our governments, for decades, by borrowing from the future – that is, going into debt to pay today’s expenses with tomorrow’s income. The official US nationa
Tuesday, July 26, 2016
Gold Dips Back Within Range Ahead of Weekend