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Is there any way out from the burden of government debt?

By / Leave a Comment / 2 June 2013

Summary:  One in a series of thought-starters about this era, the end of the post-WWII era.  A harsh but accurate analysis of the lust for savings and austerity that has — too late — gripped the West.  And a pessimistic forecast. Excerpt from Global Macro Investor, Raoul Pal (an A-team hedge fund manager), June 2010: …

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Consequences of a long, deep recession – part I

By / 4 Comments / 11 January 2015

Summary:  this series speculates about the consequences of a deep and long recession over the next few years.  How might we react?  How might this change America?  This post examines our alternatives.  The second post discusses possible changes in our financial system.  The last chapter looks at the effect on Americans, and America.  Our next President will face these challenges, so your vote in …

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