Debt Forgiveness

The Broken Window Fallacy

I have posted on this before. You still hear economists saying that a hurricane leads to economic growth, even Nobel Prize winning economists. This is a fallacy.

Janet Tavakoli

I am reading her new book, The New Robber Barons. 

Farage Is Always Fun

Here is a video of a Farage speech at his parties' convention where he is critical of German Prime Minster Merkel. 

Two Years Away?

Senator Coburn says the crisis is 2 years away. This crisis is the one I have been speaking of where bond holders refuse to lend to the US Government. I think there are 3 to 7 years left. I hope we are both wrong.