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Economy

For a long time, there was a lot of denial about the direction that the U.S. economy was heading.  The Biden administration and the mainstream media just kept insisting that everything was just fine even though everyone could clearly see that it wasn’t.  But now reality is setting in.  Last …

Last week the national debt reached 35 trillion dollars, a mere seven months after the debt reached 34 trillion dollars. To put this in perspective, the national debt first reached one trillion dollars in October of 1981, almost 200 years after the Constitution’s ratification! The fact that the government was …

Bitcoin has been claimed as the answer to a paper fiat money system.  It’s touted as keeping you anonymous, as well as all your transactions, but now, it’s being set up to become more mainstream, and most paying attention recognize it as the predecessor to a completely cashless system of …

The Amazon empire is trying to do away with cash and usher in a totalitarian control system that can be the digital prison for all humans. By launching Amazon One, the new “identity service” that allows Amazon customers to pay for overpriced, cheap-quality Amazon products using just the palm of the hand, …

And as long as the Federal Reserve remains intact, it will continue to grow and our money is soon to be absolutely worthless, which it already is by being debt money.  Nevertheless, and it doesn’t matter if Democrats are in power or Republicans, it continues to escalate towards the inevitable.  …

It looks like investors are starting to figure it out.  Bad economic numbers continue to come pouring in, but so far the Federal Reserve has refused to pull the trigger on a rate cut.  We have seen this story before, and it never ends well.  It is often said that “he …

How does it feel to be living on the edge of a bubble just before it bursts?  Ever since the days of the Great Recession, our leaders have been going to extremes that we have never seen before as they attempt to keep our failing economy propped up.  The Federal …

It’s wonderful how no one in the Biden administration can do their actual jobs, but they’re instant experts on how to end racism through equity and save the planet by spending mindboggling amounts of money. Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy requires $3 …

Do you remember how painful the Great Recession was?  2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they won’t be able to pay their bills is actually higher today …

When you look at Joe Biden, you are also getting a visual picture of what is happening to our economy as a whole.  Both have been getting artificially propped up for a long time, both are now sick once again, and both are starting to decline very rapidly at this …