Money Is Now FREE!!!
The good, bad and ugly of our new era of magic money & how we should use this magic power. Steve Faktor explains
debt
7 Reasons College Debt Forgiveness Is Terrible Policy
Are we ready to rob the poor to pay the rich? Many politicians are. 7 reasons to beware.
7 Reasons College Debt Forgiveness Is Terrible Policy Read More »
Prediction: US Debt Crisis Looms
Status: Occurring Prediction: “Annual Interest payments alone, threaten to eat us alive.” Econovation, 2011 What Happened America’s debt crisis is coming — interest payments will hit a trillion dollars a year, Mar 2018 interest is by far the fastest growing part of the budget. In our latest nonpartisan analysis, we found that interest payments will quadruple,
Prediction: Dollar Will Decline as Reserve Currency
Prediction: Dollar Will Decline as Reserve Currency Status: Uncertain “Our frenzy to get out of debt is not going unnoticed. Like a bumbling movie killer digging a ditch in broad daylight, we’re having a hard time keeping the bodies buried. By 2010, it became clear the United States was printing money. Leaders from Brazil and
Prediction: Dollar Will Decline as Reserve Currency Read More »
Prediction: The End of Growth
Prediction: The End of Growth Status: Occurring Shrinking pains. You know how kids suddenly feel their shoes get too snug or pants too short? Citizens of mature economies are experiencing the exact opposite. In an economy built for growth, we’re confronted with a trim new reality of high debt, low growth. It’s a pattern that
