Saturday , May 10 2025
Home / Mike Norman Economics / Debt is not a sustainable policy decision — Sen. Rand Paul

Debt is not a sustainable policy decision — Sen. Rand Paul

Summary:
If you are looking for more COVID bailout money, we don't have any. The coffers are bare. We have no rainy-day fund. We have no savings account. Congress has spent all of the money. Congress spent all of the money a long time ago...The stuff of genius. (snark) The HillDebt is not a sustainable policy decisionSen. Rand PaulStephen Roach falls into a similar hole.Project SyndicateThe Pandemic's Long Economic ShadowStephen S. Roach| | faculty member at Yale University and former chairman of Morgan Stanley Asia

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

If you are looking for more COVID bailout money, we don't have any. The coffers are bare. We have no rainy-day fund. We have no savings account. Congress has spent all of the money. Congress spent all of the money a long time ago...
The stuff of genius. (snark)
Stephen Roach falls into a similar hole.

Project Syndicate
The Pandemic's Long Economic Shadow
Stephen S. Roach| | faculty member at Yale University and former chairman of Morgan Stanley Asia
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *