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Sovereign Debt Crisis

The Great Migration Fleeing California & New York

The two states that are attracting the most investment capital and migration from the notorious Blue States of California and New York are none other that the two...

Global Debt Reaches 326% of GDP

Total global debt has peaked to 326% of global GDP, adding an additional $12 trillion of debt in the last three quarters of 2024, according to the Institute of...

When the US Government Defaulted on its Bonds

The first three Liberty bonds and the Victory Loan, sold to fund World War I, were indeed retired during the 1920s. However, because the terms of the bonds included...

PRIVATE BLOG – Can Bitcoin Crash 50%?

PRIVATE BLOG – Can Bitcoin Crash 50%? Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please...

Biden Blames Trump for his $1.8 Trillion Deficit – What Propaganda

I am sick and tired of all the constant lies. The Biden Administration blames Trump for its $1.8 trillion deficit. The interest expenditures will be about $1...

The First Soveregn Default of the United States on the Military

QUESTION: I had an argument with my son that what they teach in school is never the truth, not even about history. I was trying to find that writing you did years...

PRIVATE BLOG – States will Default Before the Feds

PRIVATE BLOG – States will Default Before the Feds Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

War & Freedom of Speech – Then the Default

I had the privilege of knowing Normal Rockwell back in the 1970s. His most famous war poster, created to raise money for World War II, asserted that if we lost, we...

Yellen’s Gimmick to Cut Interest Expenditures – Treasury QE

Clinton’s Gimmick Shifting to Short-term Funding to Reduce Interest Expenditures. I wrote as a guest columnist for the Wall Street Journal back on April 19,...

The London ECM Next Weekend

  We have reached a critical crossroads in the world economy. May 7th, 2024, was a profound turning point that changed the course of events as they are...