Seeking Alpha

James Bacon  

Jim Bacon publishes the "Bacon's Rebellion" and "Boomergeddon" blogs. His book "Boomergeddon" was published in August.
  • Description: Journalist. Trading frequency: Infrequent
  • Interests: Dividend stock ideas & income, Retirement savings
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Boomergeddon Boomergeddon is the day investors stop buying U.S. Treasuries — the day the U.S. government goes into default, the global economy is thrown into turmoil, the American empire begins to crumble, and the social safety net starts to unravel. Following the main themes in “Boomergeddon” the book, this blog ...More
Boomergeddon Driven by uncontrolled deficit spending, a mounting national debt and rising interest rates on that debt, the U.S. government will go into default within the next 20 to 30 years. The resulting crisis will change the political landscape beyond recognition. It will mean the end of American empire, and it will ...More