France was on the brink of its Fifth bankruptcy in 1720. France defaulted in 1558 under Henry II, following the costly Habsburg-Valois Wars (also known as the Italian Wars), the outright repudiation of debt, and currency devaluation. Then in 1648, a Debt Crisis occurred under Louis XIV (Early Reign) with the Thirty Years’ War (1618–1648) and the […]
Over 8,000 bank branches are expected to close worldwide in 2025. Approximately 3,200 of those closures will take place in the United States. Q1 experienced 148 net branch closures in the US, with all major banks slated to close branches throughout the year. These are merely bank closures and not bank failures, […]
Neoconservatives (neocons) are a faction within U.S. foreign policy circles who advocate for an aggressive, interventionist approach to promoting American interests and values abroad, which is the cover story, along with spreading democracy, which we do not even experience. Their hostility toward Russia stems from several key ideological and strategic […]
Six weeks ago, legendary financial and geopolitical cycle analyst Martin Armstrong was signaling a big turn toward war. Now, Armstrong says, “The chances of war with a nuclear exchange is at 100%. . .. Plan on it, this is coming.” Can the world avoid nuclear war with President Trump’s 50-day […]
While the world was distracted by the Epstein debacle, legislators introduced the GENUIS Act that would permit the US government to regulate stablecoins. The GENUIS (Guiding and Establishing National Innovation for U.S. Stablecoins Act), primarily sponsored by Senator Bill Hagerty (R-Tennessee), permits the government to oversee, regulate, and define the […]
One company has been looking to one of the world’s oldest professions to gauge the state of the economy—sex work. “The ‘stripper index’ is an unconventional economic indicator that correlates changes in sex work revenue, such as escort pricing, strip club tips, and related search interest, with broader economic cycles,” […]
Pam Bondi has made perhaps the most serious mistake of her entire life that she will look back on for years to come. Epstein’s saga was not some pedophile BS – it was the most sophisticated blackmail organization in modern history. As I have said before, I was personally warned […]
I have written about how Rome fell, and just by mapping the population of Rome, you can see the fate of many current nations and states operating under poor fiscal policies – people sell and just leave. It is different this time because, under socialism, the government has become abusive. […]
Supreme Court Justice Ketanji Brown Jackson received a standing ovation on Thursday after denouncing the Trump administration’s “relentless attacks” on federal judges, calling them a threat to the rule of law. “ Across the nation, judges are facing increased threats of not only physical violence, but also professional retaliation just for doing […]
The city of Los Angeles declared a state of fiscal emergency amid a $1 billion deficit. The council approved of the emergency declaration unanimously in a 14-0 vote. This comes after Mayor Karen Bass approved a $14 billion budget for the fiscal year that began on July 1. The city […]