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The United States: Hardly A Recovery But A Continuous Recession
There is an overly optimistic consensus view about the speed and strength of the United States’ recovery that is contradicted by facts. It is true that the United States recovery is stronger than the European or Japanese one, but the macro data shows that the euphoric...
The Lockdown Paradigm Is Collapsing
It’s taken much longer than it should have but at last it seems to be happening: the lockdown paradigm is collapsing. The signs are all around us. The one-time hero of the lockdown, New York Governor Andrew Cuomo, has seen his support tank from 71% to 38%, along with...
US Government Debt Problem Even Worse Than Advertised
Through the first six months of fiscal 2021, the US government ran a record $1.7 trillion budget deficit. And there is no end in sight to the borrowing and spending. Just last month, the national debt eclipsed $28 trillion for the first time. But it’s even worse than...
The Middle Class Has Finally Been Suckered into the Casino
The decay of America’s middle class has been well documented and many commentators have explored the causal factors. The bottom line is that this decay isn’t random; the income of the middle class isn’t going to suddenly increase at 15 times the...
War on Cash: The Next Phase
With so much news about an economic reopening, a border crisis, massive government spending and exploding deficits, it’s easy to overlook the ongoing war on cash. That’s a mistake because it has serious implications not only for your money, but for your privacy and...Start Your Dollarcation With RTD University
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