Thoughts from the Frontline Archive, June 2018
- June 15, 2018
In describing various economic train wrecks these last few weeks, I may have given the wrong impression about trains. I love riding the train on the East Coast or in Europe. They’re usually a safe and efficient way to travel. And I can sit and read and work, plus not deal with airport security. But in this series, I’m concerned about economic train wrecks, of which I foresee many coming before The Big One which I call The Great Reset, where all the debt, all over the world, will have to be...Read more
- June 8, 2018
Rather go to bed without dinner than to rise in debt.
What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?
There are no shortcuts when it comes to getting out of debt.
Modern slaves are not in chains, they are in debt.
Debt isn’t always a form of slavery, but those old sayings didn’t come from nowhere. You can find hundreds of quotes on the Internet discussing the problems of debt....Read more
- June 1, 2018
Train wrecks and their financial analogues are a worldwide phenomenon. Europe, as I have written for several years, remains a giant accident waiting to happen—as Italy reminded us last week. You may have noticed the results when US trading resumed Tuesday. A wider crash may not be imminent but is certainly possible and will have worldwide effects if/when it happens. So now is a good time to review what’s already happened and what could be coming.Read more