And that alleged consumer credit recovery? The entire thing is kids being suckered into taking on student debt.
Great American Ponzi update
February budget deficit is largest monthly deficit in history, and much bigger than the entire year's deficit in 2007. If this is a recovery, why are we still running deficits at a Greece-like 10% of GDP, and why are the deficits still getting worse?
The experts agree We're going Full MMT So start buying gold Mauldin Economics on the prestigious Camp Kotok economic gathering: ...
Gothamist : A 58-year-old taxi driver killed himself in his Queens home this month, marking the eight suicide in the taxi industry this yea...
There are very few financial problems that can't be solved by a suitable application of asset bubbles.