Tag Archives: debt default

Two Views of our Current Economic and Energy Crisis

As the US heads toward debt default and continues with government shutdown, the underlying reason for the predicament is generally not clear to the American people or the world. The story that the press has generally been feeding us places … Continue reading

Posted in Financial Implications | Tagged , , , , , , | 388 Comments

Reaching Debt Limits

If an economy is growing, it is easy to add debt. The additional growth in future years provides money both to pay back the debt and to cover the additional interest. Promotions are common and layoffs are few, so a … Continue reading

Posted in Financial Implications | Tagged , , , , , , , , | 69 Comments

2013: Beginning of Long-Term Recession?

We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary. There are many painful decisions ahead. Based on what I can see, the most likely … Continue reading

Posted in Financial Implications, Food issues, Planning for the Future | Tagged , , , , , , , , , , , , , , , , | 158 Comments