by Andrew Moran | Nov 15, 2023 | Business News, Lights, Camera, Action, Opinion, Swamponomics
The US government’s fiscal year 2023 calendar just ended, and new Treasury data show that Washington ran a multi-billion-dollar budget deficit, meaning politicians borrowed $2.1 billion per day to keep the doors of Congress open. What will the shortfall look like by...
by Andrew Moran | Mar 19, 2023 | Articles, Economic Affairs News, Good Reads, Opinion
The Federal Reserve will rerun the printing press in its quest to prevent a banking crisis similar to the 2008 financial meltdown. While critics will assert that the recent actions by the Eccles Building do not count as quantitative easing (QE), it is safe to say that...
by Andrew Moran | Mar 7, 2023 | Articles, Business News, Opinion
Three years ago, the Federal Reserve unleashed the mother of all quantitative easing (QE) bombs, slashing interest rates to nearly zero, buying government and corporate bonds, and printing trillions of dollars. The US central bank’s pandemic-era monetary...
by Andrew Moran | Oct 13, 2022 | Business News, Lights, Camera, Action, Opinion, Swamponomics
The Federal Reserve has been on a path toward policy tightening, much to the chagrin of international organizations. The United Nations recently came out and all but begged the world’s most powerful institution to stop raising interest rates and turn on the printing...
by Andrew Moran | Jan 24, 2022 | Business News, Lights, Camera, Action, Opinion, Swamponomics
China Evergrande Group has faced a bombardment of financial problems, from missing bond payments to enduring stock delistings. And yet, the company manages to survive by kicking its $300 billion in obligations down the road. Will the cash-strapped real estate...