Judging by what the mass media is covering, you would think all is well in the traditional financial markets. However, we understand that the mass media never focuses on the real truth. Let’s look at 3 very concerning things that are not getting the media attention they deserve. If you want the real news, don’t […]
Tag Archives: debt ceiling
Every summer the kids get a summer vacation from school and Congress usually takes a recess from government business in August. This year the recess may become a little dicey since our federal government has been unable to borrow money since March. Why not? Back in March congressionally mandated borrowing limits took effect.
Over the years we have heard from Congress and all the recent White House administrations that the reported numbers for economic growth and unemployment are the key indicators of a strong economy. Economists and government policymakers have said growth will eventually ease the debt burden the nation has accumulated over the years. So, there is […]