Postcards: Plenty of Money?

Wasn’t it just a week ago that we were all yelling at each other over $9 billion in student loan debt? Funny, how no matter what happens, there’s always lots of money for war…

Dear Fellow Expat:

It’s been a long day… but before I call it a night, I wanted to highlight something that simply boggles the mind after my piece on Janet Yellen yesterday.

Consider the following headlines from Time, The Times of Israel, and Bloomberg, sequentially.

What a difference just a few days of headlines make…

Seriously… Why not $500 billion?

Why not $1 trillion?

These numbers are going exponential… and it’s all part of a pattern of unyielding government spending.

Things are escalating. $100 billion is a lot of “stimuli” for the market and economy.

But what sort of deficit are they planning to spend next year against GDP?

8%?