Public Finance U

We’ve come to the end of the road. There’s no more ‘can-kicking’ to be done. The US is now in the exponential blow-off phase of fiscal irresponsibility and the Fed is out of options. Save the Dollar or save the Treasury bond market. The BRICS have long-since figured this out. Now it’s time for Western investors to catch on.

The BLS turns in a whopper, continuing the steady stream of fraudulent economic statistics we been gaslit with of late. Oh, and Saudi Arabia is frowning at the Kissinger era petrodollar agreement…so the US has offered a binding treaty to come to their aid if they are attacked. Wait…I thought the US didn’t need anybody’s oil anmore?

Trying to make sense of the world these days is certainly a full-time job.  Among the many puzzling signals right now are Us and European equities powering higher and higher without any apparent regard for the risk of a war with Russia, deteriorating consumer data, or a still inverted yield curve (a historically accurate indicator…

Would it surprise you to learn of (yet another) stealth bailout of banks? This time it’s the US Treasury stepping into that role. But why now, and is this anything other than one more popping sound coming from the financial system plumbing? Tune in to learn more…

This week Paulk has dug up some vital content…introducing the BRICS proposal to supplant the dollar, but not with their own different-but-the-same version. “The Unit” would be decentralized and support smart contracts and basically threatens the entirety of Western monetary hegemony and banks as intermediaries.

If you’ve got a couple of spare decades on hand, and you don’t believe in Peak Oil, go head and buy these markets at these prices. Eventually you might break-even.

The economy is weaker than advertised. The BLS and other government agencies are no longer even pretending to tell the truth and aren’t ashamed to be colossally wrong as long as the errors help support the idea that things are better than they really are.