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Bombastic Bullying Brutes - Fat Tail Daily

Summary by fattail.com.au
‘We are born into this time and must bravely follow the path to the destined end. There is no other way.’ –Oswald Spengler As recently as 1999, the US had a budget surplus…debt of only $5.6 trillion…and stocks worth more (in gold and dollar terms) than ever in history. The US was still widely admired. Its federal debt was bought as a monetary reserve all over the world. It wasn’t at war and wasn’t sponsoring major wars or paying for mass murders…
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fattail.com.aufattail.com.au

Bombastic Bullying Brutes - Fat Tail Daily

‘We are born into this time and must bravely follow the path to the destined end. There is no other way.’ –Oswald Spengler As recently as 1999, the US had a budget surplus…debt of only $5.6 trillion…and stocks worth more (in gold and dollar terms) than ever in history. The US was still widely admired. Its federal debt was bought as a monetary reserve all over the world. It wasn’t at war and wasn’t sponsoring major wars or paying for mass murders…

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fattail.com.au broke the news in on Friday, July 25, 2025.
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