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By Tyler Durden
The chart below demonstrates the amount of borrowing per state, as well as trust fund holdings.
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Continue reading A Majority Of States Are Now Insolvent: Quantif…
This Chart Of The Economy And Stocks Makes Almost No Sense
Photo Credit: Bloomberg, Business Insider
By Sam Ro
The S&P 500 closed at an all-time high on Friday.
Meanwhile, estimates for U.S. GDP growth in 2013 have been falling for two and a half years.
…
Parzival
I am reading Parzival with a friend from British Columbia and it has me thinking about the search for the Holy Grail.
I just wrote a note to a subscriber:
“One way to organize your finances is to as…
Money & Markets – July 22, 2016
“I still believe the following: 1) that we did not then, and do not today, have the necessary conditions to say that today’s world has a bubble in any of the most important asset classes; 2) that …
What Economy? There's Nothing Left
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There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical “New Economy.”
The “New …
NASA is Now Accepting Applications From Companies that Want to Mine the Moon
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NASA is now working with private companies to take the first steps in exploring the moon for valuable resources like helium 3 and rare earth metals.
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