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Economy

A new report has said that the real United States national debt could be well over what politicians tell us it is.  At a whopping $400 trillion, the U.S. debt would be 2,000% of GDP (gross domestic product) according to new calculations that include the federal government, state, local, financial,

President Donald Trump has tweeted his support for zero or lower interest rates in the wake of a massive and crippling national debt. Not only is that a raw deal for those Americans who have saved up for an emergency, but it’ll help little in the face of the monstrous

President Donald Trump promised to eliminate the national debt in eight years.  Now, nearly halfway through his first term in office, Trump is overseen more than $3 trillion more in debt through more unconstitutional spending, and there doesn’t seem to be any effort to actually cut off the bleeding.  However,

We continue to get more numbers that indicate that U.S. economic activity is really starting to slow down.  According to Challenger, Gray & Christmas, the number of layoffs in the United States was 38 percent higher in August than it was in July.  A 38 percent increase in one month

Since the end of the last recession, the outlook for the U.S. economy has never been as dire as it is right now.  Everywhere you look, economic red flags are popping up, and the mainstream media is suddenly full of stories about “the coming recession”.  After several years of relative

In the U.S., corporate insiders have been selling stocks at an average rate of 600 million dollars per day during the month of August.  This kind of wild selling indicates that there is a tremendous amount of fear among corporate insiders right now, and such selling would only make sense

Now even one of the biggest banks in the entire country is openly admitting that a “slowdown” is upon us.  Over the past week or so, the mainstream media has been filled with chatter about the possibility of a recession and what that would mean for the Trump campaign in 2020, and

The United States has created half a million fewer jobs than the government previously reported. The economy had about 501,000 fewer jobs as of March 2019 than the Bureau of Labor Statistics initially calculated in its survey of business establishments. That’s the largest revision since the waning stages of the Great Recession

All of a sudden, it seems like the mainstream media just can’t stop talking about “the coming recession”.  If you go to Google News and type in the word “recession”, you will literally get dozens of articles from the last couple of days with “recession” in the headline.  And of

We haven’t seen anything like this since the Great Depression of the 1930s.  Leading up to this year, farm incomes had been trending lower for most of the past decade, and meanwhile, farm debt levels have been absolutely exploding.  So U.S. farmers were desperate for a really good year, but