08/11/10 New York, New York — Sky-high spending has become commonplace in the US Congress, among Democrats and Republicans alike, and it’s the taxpayer that foots the bill. It’s time for a budgetary check up.
And, if it’s not an ordinary vision problem, the big spenders may be colorblind… unable to tell the difference between the black and red ink.
Rocky Vega
Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.
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History of bubbles
——————
1985 – Public sector welfare bubble
1995 – Tech bubble
2005 – Housing bubble
2015 – US dollar bubble
2025 – USA bubble