“Have you ever thought about what comes after the bubble? In 2008 we got a short preview of what life will be like, but most Americans seem to have come to the conclusion that the last financial crisis was just a minor bump in the road toward endless economic prosperity. But of course the truth is that the ridiculously high debt-fueled standard of living that we are enjoying now is not sustainable, and after this bubble bursts it will be an extremely painful adjustment for our society. Since the last financial crisis, the U.S. national debt has nearly doubled, corporate debt has doubled, stock valuations have reached exceedingly ridiculous extremes, the student loan debt bubble has surpassed a trillion dollars, we are facing the largest unfunded pension crisis in U.S. history, and in many parts of the country (particularly the west coast) we are facing a housing bubble that is even worse than the one that burst in 2007 and 2008. And even with all of these bubbles, U.S. GDP growth has…”
December 2020 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
- Joseph Cotto and I discuss current social issues.
- Podcast with David Forsyth
- Federal Reserve grapples with links between monetary policy and income inequality
- “It’s all Bullsh*t” – 3 Leaks that Sink the Covid Narrative – OffGuardian
- The Establishment Only Dislikes Trump Because He Puts An Ugly Face On The Empire – Caitlin Johnstone
- Battle Hymn Of The Gesundheitsfuhrers: Sickness Is The Health Of The State!
- How To Sue Your Governor -Allan Stevo
- The Rutherford Institute :: From 9/11 to COVID-19, It’s Been a Perpetual State of Emergency | By John W. Whitehead |
- The Thin Green Line
- An Unsolicited Commencement Speech Delivered at the Height of the Plague – Mike Rowe
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