The White House and House Republicans agreed to a deal just days before the US is expected to default.
“America’s budget deficit is set to balloon as its population ages, the cost of handouts swells and the government’s interest rate bill rises.”...
At the turn of the millenium, the concern was that the US was paying off the debt too quickly! Here are a few excerpts from a...
We have been vocal that long-term Treasury bonds are an excellent investment at current yield levels. However, timing the purchase of bonds will prove...
I find it pretty amazing that 2021 did not turn out to be “the year of the gold bug.” You know the long-standing argument for the...
Not long ago, policymakers like Rep. Alexandria Ocasio-Cortez were enamored of something called Modern Monetary Theory (MMT). This theory starts with...
US Debt: Visualizing The $31.4 Trillion Owed In 2023 Can you picture what $31.4 trillion looks like? The enormity of U.S. government debt...
"Does Not Appear Sustainable": The US Budget Deficit Is Unexpectedly Soaring Again And It's About To Get Much Worse It was supposed to be...
To write about statistics and Cuba is, inevitably, to speak of oxymoronic terms. Whenever someone tries to approach the Cuban case from the lens of years...
Debt Deflation: "The Adjustment To Reality Is Likely More Violent Than Anything Seen In The '70s" Authored by Alasdair Macleod via GoldMoney.com, Deflating...
Biden's "Great Economic Recovery" Narrative Is Built On Deception Authored by Brandon Smith via Alt-Market.us, This past month a poll held...
White House Slammed For Debunked Claim On Record Deficit Reduction Authored by Jonathan Turley, The White House has drawn the ire of the...
House Speaker McCarthy wants to put the US on a path to a balanced budget as debt ceiling negotiations begin with President Biden. Here’s why it...
Let's Hope That The Irrational Optimists Will Be 100% Correct About 2023 Authored by Michael Snyder via The Economic Collapse blog, I hope...
Big Spending Bill Is A Big Problem For The Fed's Inflation Fight Authored by Michael Maharrey via SchiffGold.com, Just before Christmas,...
Von Greyerz: US Double-Speak Will Not Stop Gold's Imminent Surge Authored by Egon von Greyerz via GoldSwitzerland.com, Propaganda, lies and...
Economist Nouriel Roubini believes the world economy is lurching toward an unprecedented confluence of economic, financial, and debt crises, following...
Ukraine seemed to have recovered well from COVID and its economy was forecast to grow strongly. But then Russia invaded.
Black Friday Unlikely To Lift Dark Mood For Retail By Heather Burke, Bloomberg Markets Live analyst and reporter Retail’s horrible 2022...
Overview: Chinese officials denied plans to end the zero-Covid policy and after a brief wobble, risk assets have traded better. Asia Pacific equities rallied,...
Economically Ignorant Americans Want More Stimmy Checks To Fight Inflation Via SchiffGold.com, Proving that most people have no idea what...
On September 23rd, Britain’s ex-Chancellor of the Exchequer, Kwasi Kwarteng, announced a mini-budget containing a range of tax cuts intended to boost...
Nothing But Welfare Queens? Endless American Aid Flowing To Zelensky & Tsai Ing-wen Authored by Patrick Macfarlane via The Libertarian...
I am confused by the calm coverage of the recent radical shift in economic policy – described by the BBC as “bid to boost growth”. This...
Deficit Reduction - Is It Reality Or A Mirage? Authored by Lance Roberts via RealInvestmentAdvice.com, Recently, the Biden Administration...
Recently, the Biden Administration started taking victory laps on deficit reduction. Of course, the deficit remains the bully-pulpit of fiscal conservatives,...
The highlights of September include continued substantial rate hikes by the major central banks, save Japan. The Tories will pick a new leader, who will...
Fed Paper Admits Central Bank Can't Control Inflation; Finger-Points At Federal Government Authored by Michael Maharrey via SchiffGold.com, It...
Inflation may well take its time coming down, yet the likely root causes have all been addressed in full or in part.
Comparing US Federal Spending With Revenue In 2021, the U.S. government spent $6.8 trillion on various expenditures and government-aided...