The Debtor’s Prism, by Lance Roberts

STRAIGHT LINE LOGIC

You can get so used to debt and opiates that you can fool yourself into thinking the highs they produce are normal. From Lance Roberts at realinvestmentadvice.com:

As noted by Robert Schroeder:

“Last week, the debt hit $21 trillion for the first time, rising from the $20 trillion mark it notched on Sept. 8. The debt is guaranteed to go higher, with President Donald Trump having signed a debt-limit suspension in February, allowing unlimited borrowing through March 1, 2019. Economists expect wider deficits to result from the tax cut Trump signed in December.

While a trillion-dollar increase over roughly six months isn’t unprecedented — there was one in 2009…

View original post 176 more words

Author: Lisa the Infidel

I am an #Infidel - born and bred North Carolina.

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