What determines geopolitical strength, and ultimately survivability, for a nation? At or near the top of the list is solvency — a nation’s ability to meet its obligations. Since 2003 David M. Walker, Comptroller General of the United States (now retired) has warned us of the precarious and deteriorating finances of the US Federal and …
The most important story in this week’s newspapers Read More »
Our descendants will wonder how America fell from a pinnacle of prosperity and power such as the world has never seen. Our policies for the past thirty years have been both astonishingly foolish and broadly supported by America’s elites (Left and Right). This note focuses on the core of our irrational economic policy, the “twin …
We have been warned. Death of the post-WWII geopolitical regime Read More »
After fifty years, the post-WWII geopolitical regime has become frail. Chapter One of this series considers the US economy, and what lies ahead for America — the hegemon of the current global order. Our friend, Smokey the Bear In the late 19th Century the goal of preventing forest fires gained wide support in the US. …
Summary: Part three of four part series.   Here is part one, part two, and part four. Forecast #4: bankruptcy Perhaps only a crisis will catalyze America’s transition to a new form of government. There is no lack of candidates. The last stone in the foundation of America’s greatness was laid by Alexander Hamilton, who as Secretary of the …
Forecasts – Why wait? Read tomorrow’s news … today! (part 3) Read More »
