The USA Is Going Broke

DailyFriend.co.za. April 26, 2026 In the novel The Sun Also Rises, Ernest Hemingway’s character Mike Campbell is asked how he went bankrupt.  He famously replies, “Two ways, slowly and then suddenly.” The United States today is in the “slowly” phase. Savvy economist and interest rate guru Jim Grant agrees that “The U.S. government is going broke but is not now broke.” In every year for two decades … Continue reading The USA Is Going Broke

Peter Lewis Money Talk podcast

March 17, 2026 Host Peter Lewis, Barry in Washington and Mark Michelson and Will Denyer in Hong Kong discuss the closure of the Strait of Hormuz, shipping, Donald Trump’s plan to postpone his visit to China, and the central banks, particularly the Federal Reserve, which is likely to hold interest rates steady amid rising inflationary pressure from much higher oil prices. Listen on YouTube Continue reading Peter Lewis Money Talk podcast

When the Grateful Dead Came to VOA…..and More

Back in the late 80s at the VOA morning meeting it  was announced that the Grateful Dead would be in the downstairs conference room at 11 o’clock. A wannabe dead head, I strolled over to the C Street entrance where the band members emerged from a stretch limo. With only the music editor providing a greeting, I asked Jerry Garcia if they would like to see … Continue reading When the Grateful Dead Came to VOA…..and More