marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
debt bomb
12/15/2023
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By Belle Carter
Ex-intel officer: Pentagon commits multitrillion-dollar fraud, fails its sixth annual audit in a row
Scott Ritter, a former U.S. Marine Corps intelligence officer, wrote on the Russian 24/7 English-language news outlet RT an analysis of the Department of Defense‘s (DoD’s) recent admittance that the federal agency could not account for 63 percent of nearly $4 trillion in U.S. taxpayer money and having failed a massive yearly audit for the […]
12/13/2023
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By Belle Carter
After squandering $111B on military aid for Ukraine, Biden administration is asking for yet more funds
President Joe Biden’s White House, by its own admission, has already gone through $111 billion in military aid for Ukraine and is “out of money and nearly out of time” to aid the beleaguered nation. That is why it is begging the Congress to approve additional funding. In a letter to congressional leaders, Shalanda Young, […]
12/06/2023
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By Belle Carter
U.S. Treasury running out of new buyers of debt, enters debt spiral thanks to reckless government spending
Analysts are saying that the federal government will continue to pile up debt at astonishing rates, a few weeks into the next fiscal year. Though they believe that there are a lot of factors that brought America into the situation, experts point to the wasteful government spending. Expenditures increased due to the recent economic downturn […]
12/01/2023
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By News Editors
As the US Treasury runs out of creditors, its options dwindle
Are the chickens coming home to roost for the US Treasury? As Ryan McMaken noted in a recent Mises Wire article, the United States is in a debt spiral and there’s no easy way out. (Article by Jonathan Newman republished from Mises.org) The problem is multifaceted, but the origin is profligate government spending. While it typically spikes during […]
12/01/2023
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By News Editors
Top U.S. banks shut 64 branches in a single week … are you affected?
Think the banking troubles were a thing of the past? (Article republished from WLTReport.com) Back in April/May, when we had 4 bank failures in one week, that was bad. Then things died down for the summer and many people thought all was good again….all was fixed! We told you it wasn’t. In fact, ever since […]
11/29/2023
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By News Editors
The government debt crisis that we have been warned about for decades is happening right now
For decades we were warned that someday our politicians would push things too far. We were warned that someday our national debt would spiral out of control, servicing that debt would become extremely oppressive due to soaring interest rates, existing bonds would crash thanks to the shift in interest rates, and foreign sources would start […]
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 […]
11/22/2023
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By News Editors
The crash will be spectacular
“Interest on the federal debt is now so immense that it’s consuming 40% of all personal income taxes… If federal finances continue on their current path, we are only a few years from the entirety of income taxes being needed to finance the debt…” (Article republished from TheBurningPlatform.com) The government collects $2.6 trillion of individual […]
11/22/2023
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By Ethan Huff
Walmart stock plummets amid corporate warning that consumer spending is slipping
The world’s largest retailer failed to deliver this week on its reported Q3 results, which were dismal and point to rapidly deteriorating consumer spending across America. Walmart reported earnings that generally beat on revenue and earnings, but Wall Street was expecting more, which sent the company’s stock tumbling. Discretionary purchases are down in general, which […]
11/16/2023
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By Arsenio Toledo
Congress passes ANOTHER stopgap spending bill, delaying long-term solution to budget crisis
The House of Representatives has passed another stopgap funding bill, once again delaying a long-term solution for the government budget and making the possibility of a government shutdown more likely. By a vote of 336 to 95, with 209 Democrats and 127 Republicans supporting it, the House passed another stopgap government funding bill. Ninety-three Republicans […]
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