While many are slamming Trump for suggesting that the U.S. buy back its debt for less than face value, the truth is that he is at least talking about the issue....
We are facing a pension crisis, thanks to negative interest rates that have destroyed pension funds. Pension funds are a tempting pot of money that government...
I have warned that Illinois is on the brink of bankruptcy. Now, Illinois Comptroller Leslie Geissler Munger says she will delay monthly paychecks for lawmakers...
Some people were surprised that I wrote that the USA paid off its debt under Andrew Jackson. What you have to understand is that the debt was effectively a deal...
In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators. Italy’s government had to address the plight...
Janet Yellen signaled that the Fed is grappling with the problem I have been warning about: the dollar has become the de facto currency and the Fed is indeed...
While the markets have cheered the public admission that the central banks have completely failed in their quantitative easing and they will now buy more for...
New South Wales Treasurer Gladys Berejiklian. Photo: Daniel Munoz Everywhere we look, governments are in deep trouble. Down under in New South Wales, Treasurer...
Christine Lagarde remains at the IMF as one of three Troika members because she is a Socialist. She is now on board with raising both the retirement age and taxes...
