Author Archives: John Rutledge

America is Now a Banana Republic. Government Spending is Out of Control. The National Debt is Exploding

Today the CBO released The Long-Term Budget Outlook. The projections are truly mind-numbing.Rather than bore you with numbers, take a look at the chart below.  America is now a banana republic. Incredibly, THESE PROJECTIONS DO NOT INCLUDE THE COST OF … Continue reading

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Tomorrow's Jobs Report Will be Weak: Bank Loans to Businesses Still Falling.

The latest business loans numbers show that bank loans to businesses are still falling. As I have written in recent posts here and here, large banks have systematically shut down their lending to small businesses over the past 2 months, … Continue reading

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