The Fed is Already Insolvent — Here’s How We Think This Plays Out
By Simon Black, Sovereign Man On Tuesday, September 15, 1992, the two most powerful financial officials in the British government held an urgent meeting that…
Debt
Biden Cancels Another $7.7 Billion In Student Debt For 160,000 Borrowers
Authored by Naveen Athrappully via The Epoch Times President Joe Biden announced his latest student loan forgiveness plan by canceling $7.7 billion in debts, taking…
Tens Of Millions Of Americans Are “Trapped” In An Endless Cycle Of Debt That Is Sucking The Life Out Of Them Financially
By Michael Snyder Did you know that U.S. households are 17,690,000,000,000 dollars in debt? Of course household debt is only one part of a much…
Why US Public Debt Is Unsustainable And Is Destroying The Middle Class
Authored by Daniel Lacalle In a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for 40…
US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes
By Tyler Durden Earlier today, CNBC’s Brian Sullivan took a horse dose of Red Pills when, about six months after our readers, he learned that…
“A Pork Fest Of Epic Proportions”: Congress Passes Spending Package To Avert Shutdown
By Jacob Burg of The Epoch Times The Senate passed six government funding bills on March 8 to avoid an impending shutdown deadline that was…
Interest on the Debt Will Exceed Defense Budget This Year
By Simon Black, Sovereign Man The ink was barely dry on the Treaty of Paris in the year 1763 when the financial panic set in….
The ‘Other’ Report That was Released Last Week was Even Bigger
By Simon Black, Sovereign Man Last week’s headlines were understandably dominated the special counsel’s report which chronicled President Biden’s “diminished faculties and faulty memory”. So,…
The Fed Asks America to Fill in the Blanks _______
By Simon Black, Sovereign Man It’s interesting to see how so many mainstream voices are starting to express concern about the gargantuan size of the…
The US has a $6 Trillion Problem Over The Next Twelve Months
By Simon Black, Sovereign Man Yesterday the Treasury Department announced that they expected to increase the national debt by a whopping $760 billion this quarter…
Breaking Down The Coming $20 Trillion Debt Tsunami
By Simon Black, Sovereign Man Tony Fauci should be in a prison cell in Wuhan right now given how much responsibility he bears for destroying…
U.S. Consumers Are Engaging In A Historic Debt Binge, And Delinquencies Are Ominously Rising…
By Michael Snyder Americans are going into debt as if tomorrow will never come, but of course tomorrow always arrives eventually. What we are witnessing…
We Have to Budget, But the US Government Doesn’t. They “Misplaced” $21 Trillion.
By Marie Hawthorne What if you lost a whole lot of money? Can you imagine the horror and desperation you’d feel? Well, the US government…
US Debt Hits A Record $34.001 Trillion
By Tyler Durden The US Treasury has a morbid habit of revealing big, round numbers of debt around major calendar milestones, and the new 2024…