Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

Showing posts with label economic imbalances. Show all posts
Showing posts with label economic imbalances. Show all posts
11 May 2010

Here Is Why the Fed Cannot Simply Continue to Inflate Its Way Out of Every Financial Crisis That It Creates

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The return on each new dollar of US debt is plummeting to new lows according to figures from the Federal Reserve. The chart below is from th...
27 January 2010

A Tale of Two Economies and The Myth of Recovery: Thoughts Before the State of the Union Address

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Economist Michel Hudson frames the current situation with the US national economy in his most recent essay, The Myth of Recovery, in a way ...
06 January 2010

There Are Now More Government Employees than Goods-Producing Workers in the US

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For the first time there are decidedly more government employees than goods-producing (manufacturing) employees in the US according to the D...
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