unsustainable debt Archives - Rethinking the Dollar

$600 Stimulus Checks Won’t Pull America Out Of This Mess

Dec 29, 2020 | Economic Collapse

As our politicians spend hundreds of billions on other nonsense, we are supposed to be deeply grateful to them for tossing a few hundred bucks our way… Well, it looks like we are going to get $600 stimulus payments from the federal government after all. Oh goody! ...

The US Economy And The Global Economy Are Mortally Wounded

Aug 11, 2020 | Economic Collapse

A fully financialized, totally debt and speculation-dependent economy is terminal once leverage and debt stop expanding exponentially. We all know the movie scene in which the character is wounded but dismisses it as no big deal, and then lurches into the closing...

What Happens When The Pandemic Ends?

Apr 14, 2020 | Economic Collapse

What happens when the pandemic is over and we try to resurrect something like normal life? The answer is that we run head-on into the one crisis that was… Let’s assume that by the end of this year a combination of social distancing and some new and effective...

There’s No Going Back To Our Pre-Pandemic Economy, We Can Only Go Forward

Apr 14, 2020 | Economic Collapse

What I see is a global collapse of intangible capital that is invisible to most people. It’s only natural that the conventional expectation is a return to the pre-pandemic world is just a matter of time. Whether it’s three months or six months or 18 months, “the...