Tag Archives: negative interest rates

Unsustainable Debt

Dear Friends, It seems to me, unending debt is unsustainable. Imagine what would happen if the deeper in debt a person went, the lower his or her interest rate? Further, let’s say that the people with the most debt, 100% … Continue reading

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The Failure of the Welfare State

Dear Friends, It seems to me, Quantitative Easing, (QE), or in other words, monetizing debt, is the ultimate repudiation of welfare state economics. Greece, is the poster child for the failure of both the welfare state, (socialism by another name), … Continue reading

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