by J Thomas Knight | May 24, 2023 | Commentaries
Commentary: Week of May 22, 2023 If you’ve been to a high school or college commencement lately, then you know the drill: at some point at least one speaker will urge the graduates to be “agents of change,” suggesting they’d like to see these students make the world a...
by J Thomas Knight | May 16, 2023 | Commentaries
Commentary: Week of May 15, 2023 It’s hard to open up a newspaper these days and not see a scary story about the debt ceiling debate. The Biden Administration is saying that a “default” is approaching if an agreement isn’t reached soon. The US has enough revenue to...
by J Thomas Knight | May 9, 2023 | Commentaries
Commentary: Week of May 08, 2023 Yes, we have banking problems. No, this is not 2008. It’s much more like the 1970s Savings & Loan problems. In other words, we do not have credit problems today, we have duration (asset-liability) problems. These are...
by J Thomas Knight | Apr 17, 2023 | Commentaries
Commentary: Week of April 17, 2023 The US economy is being tugged in two different directions right now. On the positive side we have the lingering effects of the massive stimulus of 2020-21, the renormalization of the service sector after COVID Lockdowns, and, as...
by J Thomas Knight | Apr 11, 2023 | Commentaries
Commentary: Week of April 10, 2023 History is full of economic and societal collapses. The Incan and Roman societies disappeared, the Ottoman Empire fell apart, the United Kingdom saw the pound lose its reserve currency status. So, anyone who says the US, and the...
