April 9, 2020. New unemployment claims surged to 6.6 million today in face of the COVID-19 shut down. Prediction: The … More
Tag: debt
Economic Lessons from Coronavirus: Government-Subsidized Private Debt Creates Macro Vulnerability | International Liberty
“Little more than a decade after consumers binged on inexpensive mortgages that helped bring on a global financial crisis, a … More
The Continuing Success of Switzerland’s Spending Cap | International Liberty
“Governments should copy Switzerland and impose a spending cap. I explained this system in a column for the Wall Street … More
When America’s Fiscal Crisis Hits, Be Forewarned that Tax Increases Will Make a Bad Situation Worse | International Liberty
Moreover, I will point out that higher taxes most likely will simply trigger and enable additional spending. And I will … More