COMMENT: Dear Mr. Armstrong: What I found really weird was that some Democrats were holding signs saying, “Musk Steals.” Per its website, DOGE has saved $105B. In the name of all that is good and right, who are the ones stealing?! Where was this money going?! Wasn’t a good amount of this money routed to go, […]
“I hope we shall crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and to bid defiance to the laws of their country.” ~ Thomas Jefferson Written by Bryan Lutz, Editor at Dollarcollapse.com: The corporate world is a fascinating one. Contrast it […]
The Census Department reports two new records trade deficits in January. For those who appreciate record-breaking efforts, I am pleased to report the International Trade in Goods and Services report for January has many new records to consider. Trade Details Real Goods in 2017 Dollars – Census Basis In retrospect, I am not sure how many new […]
The U.S. economy was steamrolling in the wrong direction for four years under Joe Biden, and now we have an extraordinary mess on our hands. Nobody can deny that our economic numbers are absolutely horrible right now. GDP growth is expected to be negative during the first quarter, inflation is rising again, home sales are at extremely depressed […]
The European Commission crafted a new strategy to funnel money into climate change initiatives—The Clean Industrial Deal (CID). The European Union has watched as these net zero carbon goals slowly strangle their economies. Yet, those in charge believe they can achieve net zero by 2050 through perpetual spending. The Clean Industrial Deal will allegedly help […]
WWE theater front and center I have criticized Donald Trump countless times for his pattern of promising, bloviating, then backing off. Or more often flip flopping. I coined the term the Trumpenstein Project to explain his befuddling behavior. He talked the talk, but never walked the walk. All toupee and no cattle. Well, now he […]
Even casual observers know that gold has been trading near all-time highs lately. The dollar price of gold has been trading around $2,955 per ounce, quite close to the all-time closing high and near the recent intraday high just below $3,000 per ounce. Since November 1, 2022, gold has rallied from $1,650 per ounce to […]
“Crisis Investing” Issue 2 / February 2025 – Vol 2 Dear Reader, On a September evening in 1985, finance ministers from the world’s largest economies gathered at New York’s Plaza Hotel for what would become one of the most significant currency interventions in modern history. The dollar had become too strong for U.S. exports to […]
Executive order “Ending Taxpayer Subsidization of Open Borders” was signed into law by Donald Trump on February 19, 2025. Homeland Security arrested around 20,000 illegal migrants during Trump’s first month in office, but that is a drop in the bucket. Agencies must now act swiftly to ensure that we are not incentivizing people to stay […]
The choice is simple: housing is either shelter for citizens, or it’s just another interchangeable speculative asset in the global financialization casino. It can’t be both. We tend to think of housing becoming unaffordable as a matter of land prices, zoning and the cost of 2X4s, but it’s fundamentally a matter of values. Subscriber John summarized […]