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Tag Archives: government debt
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 alternative energy, collapse, debt default, government debt, oil price, production function, recession
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Why the US Debt Limit Agreement is Only a Temporary Solution
Most people assume that the mismatch between US federal government revenue and expenses will go away, with enough time. All that is needed is a little “patch” now, and some more time, in order for the mismatch to disappear. I … Continue reading
