A new article says America is in a fiscal death spiral and there are only three options. Slash spending, crushing taxes, or fire up the money printers. We are seeing what could be the largest engineered recession in a generation. Our leaders are still in denial, but businesses and increasingly consumers are getting ready for a major storm.
In this Episode:
- Bloomberg: Real Estate is a “Debt Time Bomb”
- Our Independence in Exile
- GDP could be overstated by 3%
- IMF worries inflation Can’t be Stopped
- Manufacturing falls for 8 Months Straight
- America’s “Fiscal Death Spiral”
- Biden’s McJobs Economy
I also write at www.profstonge.com
And I’m always on Twitter as @profstonge
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