Friday, March 12, 2010
1. U.S. budget deficit explodes to largest in history
 
2. Forget Greece, this is the big danger to U.S. investors
 
3. Detroit dumb: School board president cannot write
 
1. New "super indicator" is predicting another big downturn
 
2. This could be the next country to fall apart
 
3. Why this rally can't be sustained
 
4. Top money manager rips CNBC and Jim Cramer
 
5. This powerful indicator is forecasting another leg down
 
U.S. gov't debt sales reach dangerous, record proportions
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Friday, June 19, 2009
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By Daily Crux Editor Brian Hunt:
 
When talking U.S. debt, the number "$104 billion" doesn't mean much to most folks. After all, it usually takes "trillion" to impress anyone these days. 

But everyone needs to realize that yesterday's $104 billion debt sale is gigantic… a record amount of debt issuance that should make Americans sick. We're stacking up such a huge, unprecedented amount of debt that nobody knows exactly how the future will play out. One year ago, we were in "crazy" territory in terms of debt. What's happening now is "madness." 

Read full article…

More on the unbelievable debt situation:

Gross: GM's failure is a preview of the country's fate

Art Laffer: The government is setting the stage for huge inflation

Investment legend Marc Faber "100% sure that the U.S. will go into hyper inflation"

Topics: Inflation | Government Stupidity | Boondoggle
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