Donald Trump peddled two factoids this past week which he will come to regret----even as they function to reinforce his historic mission as the Great Disruptor. We refer to his boast that the $3 trillion gain in the stock market since the election is a vote of confidence in Trumponomics, and that he reduced the public debt by $12 billion during his first month in office.
Trumponomics-----Making America Broke Again, Part 1
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.