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  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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October 06, 2021

Brinksmanship

Wed Oct 6, 2021

It used to be that Dems like Tip O Neil and LBJ would negotiate a compromise, but I am not so sure about Bernie and AOC.  If their supporters will follow a female US Senator into the public restroom and video the entire event, is there anything they won't do?

 

Check out the lead editorial in the WSJ today. Sanders won't budge and the Debt Ceiling deadline looms. Would the let it expire,  let the Treasury default and then try to blame it n the Republicans, I would not be surprised. I am looking for a big market correction and in fact suspect we have seen the top of the bull market dating back to  1982.  A Treasury crisis would ceretainly be a kick off to the 233 year market top

Posted at 10:39 AM in Accounting Analysis |

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