Earlier this month, the United States government released its annual financial report for the year 2017. This is something the government does every year, similar to how large companies like Apple, or Warren Buffett’s Berkshire Hathaway, publish their own annual reports. Unlike Berkshire and Apple, though, whose financial reports typically show strong, positive results, the US government’s financial Read More…
Tag: 2017
2017: The Year Of Technocracy (Confirmed!)
As you no doubt remember, dear reader, I kicked off 2017 with my customary look at the year ahead. This year’s prediction? “2017: The Year of Technocracy.” As I observed lo those many months ago: “I find it more and more difficult to shake the conviction that technological developments will shape the narrative of 2017. Read More…
2017: The Year of Technocracy
Writing for a publication called “The International Forecaster,” it’s pretty hard not to throw my hat in the ring with the other prognosticators who are peddling their predictions and pontificating on the prospects for the pursuing year. As I’ve noted before, these “year ahead” articles are not really about crystal ball predictions of specific future Read More…
The False Economic Recovery Narrative Will Die In 2017
Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by Read More…