TSP & Vanguard Smart Investor Posts

Doug Noland: The New Massive

We’re drifting ever deeper into dangerous territory. The economy sopped up last year’s $3.1 TN federal deficit like water into a dry sponge. The conventional narrative holds that the pre-COVID economy was robust and healthy. It was neither.

Smart Bird: An Historian on “Originalism”

I’ve spent the last years learning about the concentration of wealth in America and how this has come about from an economic perspective. I seem to be stumbling into the other side of the coin… how the concentration of power is being designed into our system. I’m not liking it. It seems very dangerous.