Until existing Puerto Rican debt is restructure, Puerto Rico should be asking for grants not loans. More debt will only add to the problem.
— Peter Schiff (@PeterSchiff) October 11, 2017
Hot And Trending...
Trending
- Trump changes tune on the economy: With Obama it’s a bubble, with Trump is a boom. https://t.co/Lq8kFnIu9z https://t.co/3bwDhAmWKs
- Since Dec. 12, the day before the Fed moved, gold climbed 5.7% to $1,314.36 an ounce, last week touching the highest level in three months and has climbed higher since. http://bit.ly/2CYWj9x
- Following yesterday's presidential tweet about rising wages, June personal income came in unchanged, its weakest reading since Nov. 2016!
- There's growing evidence we’re nearing a debt time bomb explosion. http://bit.ly/2rPtBjh
- The World Gold Council points out that in some ways, gold and cryptos are complementary assets. It highlighted the similarity in their supply dynamics. http://bit.ly/2ncfp1T
- @RonPaul, "It makes no sense to tax money" http://bit.ly/2sHH7Wc
- Some fool on CNBC just claimed we don't need to worry about inflation because we have such strong productivity growth. What planet does he live on? Did he not notice the drop in Q4 productivity reported last week?
- Trump has found imposing his will in D.C. isn’t as easy as Trump tower. http://bit.ly/2sga9Pj
- The restaurant only accommodates eight diners per night. The tab generally runs between $500 and $600 per person. http://bit.ly/2v43CYv
- 10-year U.S. treasury yields just touched 2.9%. This is a new high for the move. The rise in response to the CPI was delayed by the initial plunge in stock market futures. But now that stocks have recovered most of their losses, bonds are plunging.