Category: Debt
Uncle Sam Takes More Than Taxes From the Middle Class
The Trump tax cut was no real cut at all. The average person will save less than 2% on his tax bill. But his real cost of government went up — 10 times as fast.
What America’s Elite Have Planned for Your Money
The ‘stimulus’ programme is a wealth transfer scheme pretending to be economic policy. The Deep State, Washington, Wall Street, and The Swamp all benefit from it.
So Much for the ‘Trump Boom’…
Both Republicans and Democrats now put their faith in stimulus. The Republicans aim to stimulate the economy with tax cuts. The Democrats look to bigger deficits.
America’s Real National Emergency
GDP is falling, not rising…at a 6% annual rate. And if this keeps up, it will rival America’s Great Depression in severity.
The Real Threat Is in Washington
GDP is increasing at 2.5% per year. Federal debt is increasing twice as fast. No way is that going to have a happy ending.
Crash Alert
The next recession is coming fast. And based on the early data I have, it looks like the Doom Index will hit ‘8’ in our official reading this quarter.
A Message from the Future: Thanks a Lot…You Jerks
You ran up $22 trillion in debt by 2019. Who did you think was going to pay that? Not you. Donald Trump was already 72. And the average baby boomer was in his 60s, getting ready for retirement.
Conversations with a Ghost
You’ve got a debt of $22 trillion that you can’t possibly pay. I see you’re spending 38% of GDP, but you’re only collecting about 17% of GDP in taxes.
How the Feds Sedated American Capitalism
Total satisfaction equals the real value of win-win deals minus win-lose deals.Our formula recognises that money isn’t everything. So, it focuses on satisfaction, rather than GDP or raw wealth.
Behind the Mueller Distraction…a Hellish Catastrophe
When a recession comes, annual borrowing will soar to $2 trillion, probably sending total government debt to $40 trillion by 2030.
Trump Has Found His ‘Stimulus Guy’
The idea of putting Mr Moore in at the Fed is to make sure the economy stays in line. The Fed today is by, for, and of the Deep State.
A Bomb Cyclone Is Headed for Stocks
Last week, we were looking at who pays unpayable federal debt. As we studied the subject, a whirlwind of staggering news blew up.
At Least in the Country, They Survive…
This week, we’ve been exploring the age-old question: Who pays unpayable debt? The borrower?The lender? Someone else?
Three Reasons Why America Can’t Get a Grip
Show us the politician who wins the White House by promising to cut the voters’ benefits, raise their taxes, and end military boondoggles all over the planet? He doesn’t exist.
This Phenomenon Could Be Disastrous for Your Finances
It’s nice to go all out and splurge every now and then. Most of the time, this behaviour is harmless. But, sometimes, one splurge can have a knock-on-effect. Let me explain…