Richard Vague

Richard Vague is the former Secretary of Banking and Securities for Pennsylvania, and former CEO of Energy Plus, Juniper Financial, and First USA Bank. He is the author of An Illustrated Business History of the United StatesThe Case for a Debt JubileeA Brief History of Doom, and the upcoming Paradox of Debt. Learn more at 

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The debt ceiling melodrama

US federal debt has its limits. Richard Vague tells the tale. One of the great melodramas of American politics erupts in Washington when the federal debt approaches its statutory limit and

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Broken China 

The world’s second largest economy may have reached its zenith, says Richard Vague. China failed to deliver anything close to its historically-robust growth in the September 2022 quarter, with 3.9%

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