The St. Louis Fed Thinks $30 Trillion In National Debt Is No Big Deal

This, and other statements you could attribute to a drunk at an airport bar at 3AM, on my latest podcast.

On my latest podcast, the most recent episode of my ongoing Our Bullshit Economy series, I rant about the Fed, the national debt, the market, Whoopi Goldberg, cancel culture and Neil Young.

I also play a video from the St. Louis Fed from Twitter, wherein an “economist” attempts to explain away the idea that $30 trillion in debt for our nation is somehow immaterial.

Quoth the Raven @QTRResearch

OMG we are so fucked (h/t @PhilBak)

Among other things, I cover this piece about how Cathie Wood is changing wording and marketing surrounding her ARK Innovation Fund (ARKK):

Cathie Wood Keeps Moving The Goalposts

I also talk about how cancel culture has become a snake eating its own tail, as I wrote about just days ago when Whoopi Goldberg, days after criticizing Bill Maher for comments on Covid, found herself suspended from The View for two weeks:

Cancel Culture Is Now Officially A Snake Eating Its Own Tail

I discuss how readers of mine may have expected this recent move in the NASDAQ. I have been warning since November 1, 2021 that the NASDAQ was at risk of falling apart. I also re-iterated these warnings in December, heading into the holidays:

Markets Could Get Porked Heading Into 2022

Further, I explained why I thought the Fed’s plan to taper and raise rates was nothing but a vanilla negative for markets (i.e. bad news is no longer good news) in this piece, which I published heading into 2022:

Sometimes Bad News Is Just Bad News

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Finally, you can listen to my latest podcast, for free, here:

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7. Spotify Has Officially Become The Battleground For Big Tech's Censorship Civil War

8. Waking Up And Derailing The Great Reset

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