Fed’s dilemma: Debt/GDP is 3x higher than in the 1970s, interest rates must go up to avoid hyper inflation but with government revenue of only $4 trillion and debt of $30 trillion, it would only take an interest rate of 13% for interest expenses to equal ALL government revenue…

by silvertomars

Many warning lights are now flashing red for the US housing market…

US Natural Gas Spikes 81% in 7 Weeks, Hits New 14-Year High

Mish Shedlock: The Average US Household Pays 47 Percent More for Electricity Than a Year Ago

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