Tag Archives: Yellen

Fed Chair Yellen Speaks an Uncertain Truth

CBO estimates project that by 2024 U.S. Government Debt will be $27 Trillion and yet the Fed, White House and Congress continue to support wealth, productive capacity, trade, monetary, social and tax sapping policies despite the costs. Already at near unrecoverable levels if we then consider that the CBO projections do not include continued war-footing costs, defense, Obamacare and debt-serving costs, it is more likely that we will see deficits in the $33 Trillion range and no nation can survive this.

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