Reality

Visualizing Donald Trump's $20 Trillion Problem

Only a few days after Trump’s inauguration ceremony, the U.S. National Debt will creep across the important psychological barrier of $20 trillion. It’s a problem that’s been passed down to him, but it certainly puts the incoming administration in a difficult place.

If You Think "Fake News" Is A New Phenomenon, You're Wrong

The “fog of war” erupts in the confusion caused by the chaos of war. And in the media, it’s an intentional phenomenon that makes it difficult to separate fact from fiction. While the battles over war narratives evolve, they all have a common goal: to distort reality on the ground.

Obama's "Farewell To Arms" As War Presidency Ends

This week as Obama gave his self-preening farewell to the nation speech, thousands of new US troops and tanks were dispatched to buttress NATO forces already at unprecedented levels in Germany, Poland and the Baltic states. Only in America, is a warmongering president feted as a 'peace leader'. Whereas his successor, Donald Trump who will be inaugurated next week, is pilloried as a traitor because he has dared to call for restoring better relations with Russia.

The Corporate Bond Market: Binge-Borrowing

For those tapping the fixed income markets, the borrowing bingefest is conspicuous in its constancy. Not only did global bond issuance top $6.6 trillion last year, a fresh record, sales are off to a galloping start thus far in January.

Just 3 Things

Importantly, with economic growth anemic, consumers stretched and an economy heading into one of the longest post-recessionary expansions on record, there is little room for a policy misstep at this juncture. Maybe Trump will be wildly successful and the economy will come roaring back. That is a possibility. But there is also the risk it won’t. Optimism is one thing. Your personal capital and financial health is quite another.

Gen. Mattis: "Russia Is The Principal Threat To US Security"

"The world order is under biggest attacks since WW2, from Russia, terrorist groups, and China’s actions in the South China Sea,” Gen. Mattis told John McCain, agreeing with the bellicose senator that Russia is trying to break up NATO, and adding that Russia is the "principal threat" to the United States's security.

What Does The Future Hold For 'Average Joes'? (Spoiler Alert: Feudalism)

What does the future hold for average people? Feudalism. And they’ll welcome it with open arms, convinced that they are embracing a smart, fair system that eliminates poverty. The greed, entitlement, and lack of ambition that seems inherent in many people today will have them slipping on the yoke of servitude willingly.