Our Debt Is Grotesque...And Will Kill The Dollar
Submitted by QTR's Fringe Finance
The United States’ national debt hit a grotesque figure this week, eclipsing $40 trillion and doing so in alarmingly quick fashion. I wrote just hours ago about how the wheels are flying off the fiscal machine in the U.S., what it means going forward, my prediction for markets and thoughts on gold:
40 Trillion Reasons To Own Gold
This week in one of my most-read posts of the year with over 30,000 reads so far, I also laid out in detail why I think the AI crash in equity markets could start as soon as this year, heading into 2027:
The Real AI Crash Will Start This Year
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Recall last week I also revisited my 26 Stocks To Watch for 2026. I walked through the winners, losers, where my theses have changed and where I’m still willing to be patient.
2026 Midyear Update: Winners, Losers & What's Next
Over the last month I’ve also released several market-related lists here:
If I Had To Only Own 11 ETFs Forever
9 Stocks I’m Avoiding At All Costs
4 Sectors Of The Market I’m Bullish On During Pullbacks
Two New Smaller Cap Ideas To Consider Here And Here
Also last week, stablecoin Tether finally delivered something critics have demanded for years: an actual audit. But I took a closer look at which entity was audited, what the opinion actually covers and why that distinction matters. It’s unquestionably a major step forward—but I’m not convinced it answers every question people think it does.
I Still Don't Trust Tether
Finally I wrote about 6 market shocks that could happen if Democrats win midterms. Markets don’t wait for legislation before repricing political risk.
I laid out six major market moves I think could develop if Democrats win the midterms, including sectors and assets that could wind up on opposite sides of Washington’s political winds. Some of these trades could begin developing weeks before Election Day.
6 Market Shocks I Predict If Democrats Win Midterms
Here’s what else is new on the blog:
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As of May 20, 2026 I am attempting to no longer actively trade as much as I once did (read my story here). My eventual goal is for investing/saving to be mostly done by recurring contributions mostly to sector ETFs and a few select equities, trusted third parties who oversee my accounts, and advisors. Such advisors or funds, through individual equities, options, index funds, mutual funds, ETFs, or other securities, may have positions in, exposure to, or holdings of names mentioned herein that I know nothing about. Basically, via index funds, ETFs and individual equities it is possible I could own, have exposure to, or not own anything at any point. As of the same date, May 20, 2026, in an attempt to lead a healthier lifestyle, I’ve also excluded myself from fantasy sports, sports betting, online and in-person casinos and prediction markets.
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