The USA is broke and something needs to be done NOW

Yet Another ‘Innocent Fraud’ Attack On Social Security And Medicare The Future of Public Debt By John Mauldin For the rest of this letter, and probably next week as well, we are going to look at a paper from the Bank of International Settlements, often thought of as the central bankers’ central bank. This paper […]

Re: “The 7 Deadly Innocent Frauds” DRAFT comments

[Skip to the end] (email exchange) >    >   Here are some comments — this was interesting reading, and I do think it >   makes sense on strictly a macro level (which is obviously what he’s going for). >    yes! >    >   #1 explanation is interesting, especially regarding the example of parents and >   children with coupons. I do feel, […]