Latest Issues of #AxisOfEasy
Pandemic Pandemonium: The Tides of Globalization and Financialization Reverse
Central bank free money doesn’t create collateral or creditworthy borrowers, and without those foundations, the decayed, rotted shack will collapse.In terms of consequential trends, the pandemic is not a cause, it’s an accelerant of shifts al…
[Axis of Easy] April Fool’s Day Has Been #Canceled
Weekly Axis Of Easy #139 Last Week’s Quote was “Tomorrow belongs to those who can hear it coming”, by David Bowie, winner was Thomas This Week’s Quote: “If you are going through hell, keep going.” …by ???? THE RULES: No searching up the answer, must be posted to the blog The Prize: First person to post the […]
What Happens as State and Local Tax Revenues Crater?
We can anticipate a federal bailout of pension funds and one-time aid to state and local governments, but bailouts won’t repair the eroding foundations of tax revenues.As we all know, the federal government can “print” money but state, county and city …
What Happens as State and Local Tax Revenues Crater?
We can anticipate a federal bailout of pension funds and one-time aid to state and local governments, but bailouts won’t repair the eroding foundations of tax revenues.As we all know, the federal government can “print” money but state, county and city …
The New (Forced) Frugality
There are only two ways to survive a decline in income and net worth: slash expenses or default on debt.In post-World War II America, the cultural zeitgeist viewed frugality as a choice: permanent economic growth and federal anti-po…
The New (Forced) Frugality
There are only two ways to survive a decline in income and net worth: slash expenses or default on debt.In post-World War II America, the cultural zeitgeist viewed frugality as a choice: permanent economic growth and federal anti-po…
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