marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
debt
12/13/2024
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By Lance D Johnson
DOGE faces monumental task as U.S. budget deficit SOARS TO RECORD HIGH going into 2025
The U.S. budget deficit has reached unprecedented levels, with November spending at a record-high $584.2 billion, marking a 14 percent increase from the previous year. The Biden administration’s fiscal policies are criticized for exacerbating the financial situation, leading to a potential collapse of the U.S. monetary system. Government spending on health, defense, and Social Security […]
09/15/2024
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By Lance D Johnson
For the first time in history, interest on U.S. debt surpasses $1 trillion and now threatens social security as the greatest government expense
According to the latest Treasury Department data, the national debt now exceeds $35.3 trillion. The amount of money required to service the U.S. debt has reached levels that exceed Medicare expenditures, the military budget, etc. For the first time in history, interest on U.S. debt surpassed the $1 trillion mark, becoming the second greatest government […]
05/19/2024
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By News Editors
Why the dollar will lose its status as the global reserve currency
By the early 400s, the Roman Empire was coming apart at the seams and in desperate need of strong, competent leadership. In theory, Honorius should have been the right man for the job. (Article by James Hickman republished from SchiffSovereign.com) Born into the royal household in Constantinople, Honorius had been groomed to rule, practically since […]
03/31/2024
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By Ava Grace
Houston Mayor John Whitmire says city is “broke” after decades of overspending
Houston Mayor John Whitmire, a Democrat elected in December, provided a bleak warning during a City Hall meeting about the city’s “broke” finances as he proposed a five percent cut across all city spending to alleviate the cash flow problem. “I think we can all agree that we’re broke,” Whitmire said, before proposing the planned […]
03/27/2024
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By Laura Harris
53% of Millennial and Gen Z consumers are resorting to “buy now, pay later” services and racking up enormous debt
Recent data from analytics company LexisNexis Risk Solutions found that 53 percent of millennials (ages 30 to 44) and Gen Z (ages 18 to 29) consumers are now using “buy now, pay later” (BNPL) services as a financial lifeline for their daily essentials to adapt to inflation. BNPL providers like Afterpay Limited and Klarna Bank AB have […]
02/15/2024
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By Gregory Van Dyke
Global economic war – Where the dollar stands in the chaos
In a recent statement posted to social media, Tucker Carlson explained succinctly his many reasons for traveling to Russia to interview President Vladimir Putin. His decision, mired in an avalanche of outrage from leftist media talking heads and a multitude of western politicians, was inspired by Carlson’s concern that Americans have been misdirected by corporate media propaganda, […]
11/27/2023
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By Mike Adams
As the dollar dies, so will the US military, Israel, Argentina and anyone else foolish enough to shackle their economic future to a collapsing currency
Last week, Maria Zeee interviewed me on the Alex Jones Show (see below), and I mentioned something that everyone seems to be missing in the current maelstrom of geopolitics: That as the dollar dies, so does any other nation depending on US currency creation. Given Israel’s heavy dependence on U.S. foreign air and the dollar […]
11/12/2023
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By Belle Carter
Doug Casey: Entitlements, excessive defense spending and high federal debt interest push U.S. to brink of bankruptcy
There are a lot of indicators that the Americans’ fear of the imminent bankruptcy of the United States is coming sooner than later. The U.S. government’s budget is the biggest in the history of the world and is growing at an uncontrollable rate. In the latest Bloomberg Intelligence research, strategists wrote that there will be […]
10/03/2023
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By Belle Carter
De-DOLLARIZATION: In new interview, Robert Kiyosaki advises leveraging debt to gain REAL ASSETS instead of investing in paper currency (that’s headed toward collapse)
For Japanese-American entrepreneur and famed author Robert Kiyosaki, Americans should veer away from being brainwashed that working for the paper dollar, saving and investing for it, would keep them afloat amid the economic collapse. He said that since the dollar was taken off the gold standard in line with President Richard Nixon’s series of economic […]
09/12/2023
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By Belle Carter
High interest rates contribute to the doubling of the federal deficit despite Biden’s claim of “strong economy”
The federal deficit has been forecasted to skyrocket to double last year’s $1 trillion to roughly $2 trillion for the fiscal year ending Sept. 30, despite President Joe Biden’s claim of robust and improving overall economic growth because of his government measures. The administration’s claim that the financial status is strengthening came when the deficit […]
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