Government Debt

America's False Recovery on JSU Today, with Dr. Timothy Barnett (Video)

Dr. Tim Barnett discussed his book, "America's False Recovery" as the "Person of the Week" on JSU Today. This short video provides a good overview to the contents of the book and a great opportunity to see Dr. Barnett discuss the material.

Egypt's message to America: Big Changes Come Unexpectedly

Can a government fall after just three weeks of protests? People who were ignored when they predicted these things even a year ago look really wise today. While the future of Egypt is very uncertain, dramatic and unexpected changes have arrived.

Sovereign Debt Risks Grow as Stimulus Pumps Asset Prices

Paul Farrell provides ten worthwhile observations in his forecast of a coming banking crisis. Essentially, he argues against buying stocks in an environment where market indices are about 70% off their lows. He sees two stock markets in America — one for the rich and another for everyone else. He explains how Wall Street skims from Main Street, rigs markets, and grasps vast winnings from socially worthless activities.

The Real Causes Of Our "Jobless Recovery"

No.: 
84

There is a lot of untapped potential for addressing the nation’s crumbling infrastructure when 9 million Americans are picking up June unemployment checks. So what’s missing? When the financial crisis hit in 2008, Wall Street’s biggest concern was a survival plan for Wall Street bettors, not Main Street jobs. Inscrutably, when the Obama administration took power it veered toward the financial intelligentsia’s “recovery” plans, not a technologically robust infrastructure overhaul vision.

Reform Federal Spending Along with Social Security

No.: 
83

Many taxpaying Americans are understandably concerned about a congressional leader’s trial balloon proposal to hike the normal Social Security retirement age to 70. (The proposal would apply to workers at least 20 years from retirement.) Millions of Americans over age 55 cannot find suitable full-time work. A higher retirement age may mean more years of trying to get by on marginal employment.

Stimulus Or Austerity: Is That The Right Question?

No.: 
82

Investment markets have been unsettled of late, resulting in the worst quarter for major American stock indices since 2008. Are European G20 leaders correct in declaring there is too much debt in the world? Or is President Obama’s team right in pushing for more stimulus? Who holds the real economic insights? Those who say we must borrow our way forward to recovery?

The High Price Of Wall-Street's 'Puffed-Up' Money Machine

No.: 
78

The market’s recent plunge to new closing lows complicates the recovery picture for many market bulls, including people who believe the regulatory reforms underway will eventually cure whatever ails us. Recent market action — including the May 6 ‘Flash-Crash’ — should be unsettling to individuals who think free market mechanisms are all we need.

Debt Storm Wins Without New Economic Mission

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Congress appeared taken by surprise in October of 2008 as the financial crisis on Wall Street unfolded. Congress was in a state of shock and awe, amazed to see their policymaking implicated in the speculative bubble and its collapse. But why were they surprised? How did these legislative engineers fail to see the hazards of their fiscal deficits? Had they been pawns? Were they errantly advised? Or were they led astray by false theories and their own greed?

Federal Debt Feeds the Wall Street Machine

No.: 
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A contradictory investment climate exists because the Fed is feeding Wall Street with so much money. Hedge funds and investment banks don’t care that short-term Treasuries pay next to nothing. They buy Treasuries as collateral in up-leveraging speculative plays, especially in commodities. Wall Street elites expect to recoup the losses of 2008 as well as to grasp massive new profits, even if major indexes top out short of their former highs later this year or next year.

How To Invest as the Sovereign Debt Shadow Lengthens

No.: 
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Is there a global debt bomb waiting to be detonated? If so, will it create rampant anarchy in America? Maybe in Great Britain, too? Does an apocalyptic world await? Is the coming world worth fighting for? Increasingly, people believe these questions are worth exploring, evidenced by the size and nature of audiences generated by writers like Marketwatch’s Paul Farrell.

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