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$20 Trillion Debt – It's Time To Start Believing In The Impossible

$20 Trillion Debt – It's Time To Start Believing In The Impossible

Authored by Simon Black via SovereignMan.com,

I’ll start today with a confession: I’m an unabashed optimist.

I believe that this is one of the most exciting times in all of human history to be alive. And with good reason.

Think about it– compared to thousands of years of violent warfare that ravaged most of the world’s major cities, we live in an era of relative peace.

Pockets of conflict will always exist. But right now there’s no major world war… no persistent threat of nuclear annihilation.

Tuesday Humor: Richmond Fed Smashes Expectation by Six Standard Deviations

Tuesday Humor: Richmond Fed Smashes Expectation by Six Standard Deviations

The Richmond Fed Manufacturing Survey has now risen for 7 straight months, soaring to 22 in March - the highest since April 2010.

 This smashed expectations by over six standard deviations as new orders, employees, workweek, and wages all soared.

 

Given the stagnation of industrial production, there must be something very special in Richmond...

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