Debt Ceiling

World Stocks Pull Back Amid Rising Concerns Of A Market Correction

For the first day in three S&P futures have pulled back modestly from record levels as some investors cautioned that gains had gone too far, too fast, European shares are mixed while Asian equities extended their longest rising streak in almost two months as continued gains in Japan and India offset the losses in Hong Kong.

The Real Story Behind America's New $20 Trillion Debt

"The national debt is now $20.1 trillion. That’s larger than the size of the entire US economy... but, the real story isn’t the number or the size of the debt itself. It’s the trend. And it’s not good."

Stockman Exposes America's Fiscal Doomsday Machine

"Maybe the Democrats did win the 2016 election. Or at least the the Deep State and its accomplices among the beltway political class, K-Street lobbies and the media did... Without a fiscal braking mechanism that is external to voluntary legislative action, the day of reckoning will be catastrophic."

The Government Debt Paradox: Pick Your Poison

"Over the decades, the entire economy’s been warped by the constant expansion of government debt.  Take it away, and the economy crumbles.  Continue its current trajectory and the economy blows up. That’s the government debt paradox we presently live with.  Pick your poison.  Enjoy the ride!"

After The Storms Are Over: America Can't Afford To Rebuild

"There’s no meat left on that bone. There isn’t even a bone left. There’s only a debt-ridden mirage of a bone. If you’re looking to define the country in bumper-sticker terms, that’s it. A debt-ridden mirage. Which can only wait until it’s relieved of its suffering. Irma may well do that..."

The Era Of Complacency Is Ending

"The strategy of selling volatility has been so profitable that promoters tout it to investors as a source of 'steady, low-risk income'... Nothing could be further from the truth..."