Submitted by QTR's Fringe Finance
Tomorrow morning I’m going to be releasing an hourlong discussion I had with my friend James Lavish which can help the layperson understand just exactly how bad of a situation the U.S. economy is in.
In simple terms James lays out exactly how the U.S. is stuck in a debt spiral, asking me: “So, who wants to lend the U.S. Treasury dollars for 30 years when they know that inflation only has to go up to continue the charade?"
“Make no mistake, this cannot go on forever,” he warned.
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"...the government is spending wildly, like so incredibly irresponsibly, that it's causing what we're calling fiscal dominance, meaning fiscal spending is dominating the Fed's attempt to tackle inflation by raising rates. And so you're seeing pockets of recession and people are feeling it. People are feeling it in their pocketbooks and their wallets,” he told me.
This week I also wrote about Biden’s coming replacement and Trump’s VP pick: Biden's Replacement And Trump's VP Pick
And about how the mainstream media machine is simply lying to us about the mental state of President Biden: We Can Be Lied To About Anything
Last week I also published my 2 hour interview with Chris Martensen over at Peak Prosperity. We covered a wide range of topics including Covid, the Fed, the economy and the upcoming election: Covid, Economy & Election: QTR On Peak Prosperity
Here’s what else is new on the blog:
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