Author Archives: Doug Utberg

Stage 6 – Mounting Government Debt Precipitates a Spiral

The next stage in America’s Financial Endgame™ is the process where the perpetually increasing national debt creates a spiral.  The spiral, or “debt spiral” as its frequently referred to in personal and corporate

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Stage 5 – The Fed Subsidized Spending by Monetizing Debt

One of the things that many people hear about, but few people understand is the impact of the “Fed Balance Sheet” on our national finances.  Whenever the

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Phase 2 – Continued Quantitative Easing

The second phase of America’s Financial Endgame™ is highlighted by the continuance of “quantitative easing” on the part of the

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Stage 4 – Deficits Continue to Mount

The next stage along the path to America‘s Financial Endgame™ is brought to bear as politicians continue to spend without restraint, and that spending results in continued

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Stage 3 – Banks Restrict Lending

The next stage in America‘s Financial Endgame™ concerns the reason why non-government credit has been growing so slowly.  It seems very paradoxical that an environment where

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