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News & Articles By News Editors
06/03/2024
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By News Editors
The world has accumulated a $315 trillion mountain of debt, and global events will soon bring it crashing down
I suppose that congratulations are in order. It is no small feat to pile up a debt of $315,000,000,000,000, and we will never see a mountain of debt of this magnitude ever again after it comes crashing down. Even though delinquency rates are rising all over the world, as long as conditions remain at least […]
05/31/2024
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By News Editors
BIDENFLATION: McDonald’s menu prices up 40% since 2019
Joe Erlinger, president of McDonald’s USA, addressed recent claims concerning increased menu prices through an open letter on Wednesday. The fast food executive acknowledged that McDonald’s menu items have seen an average price rise of about 40 percent since 2019. While Erlinger sought to refute claims by House Republicans — among others — that menu price hikes exceeded 100 percent, he did confirm […]
05/28/2024
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By News Editors
America in 2024: Fast food is a “luxury”, 11 million children live in poverty, and 1000s of stores are closing
Little by little, our standard of living has been eroding. A couple decades ago, we had the largest and most prosperous middle class in the history of the world, but now most of the country is struggling. At this point, fast food is considered to be a “luxury”, 11 million children are living in poverty, […]
05/17/2024
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By News Editors
Tens of millions of Americans are “trapped” in an endless cycle of debt that is sucking the life out of them financially
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 larger story. The federal government is 34 trillion dollars in debt, state and local governments are absolutely drowning in debt and unfunded liabilities, and corporate debt is at an all-time high. As a […]
05/10/2024
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By News Editors
Drowning in debt: The paralysis at the heart of the US fiscal crisis
It can appear puzzling why at certain times in history a government facing a looming crisis simply does not address it. The problems accumulate in plain view while little is done to actually solve them. The human imagination being what it is, this inaction is inevitably attributed to some mix of corruption, malfeasance, and incompetence. […]
05/10/2024
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By News Editors
Look at his face! Biden denies economic reality in car crash CNN interview
During a brutal CNN interview aired Wednesday, Joe Biden looked shocked when host Erin Burnett reeled off a list of stats detailing how bad the economy is. Instead of suggesting how he is going to improve the situation, Biden denied any of it was real and claimed every poll showing Americans favouring Trump on the […]
05/06/2024
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By News Editors
Our deer in the headlights moment: The “worst market crash since 1929” is rapidly approaching and the Fed doesn’t know which way to go
The Federal Reserve is stuck between a rock and a hard place. If the Fed pushes rates higher, interest payments on our 34 trillion dollar national debt could spin wildly out of control and bank balance sheets will be in even worse condition than they are now. First Republic just bit the dust, and literally thousands […]
04/24/2024
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By News Editors
EU will lose more than Russia if it confiscates assets – Moscow
Moscow has drafted a package of retaliatory measures in the event that Western countries seize Russian sovereign assets that have been frozen over the Ukraine conflict, senior senator Valentina Matvienko warned on Tuesday. (Article republished from RT.com) In an interview with Russian journalist Dmitry Kiselyov, the chairwoman of the Federation Council said that the EU’s […]
04/23/2024
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By News Editors
Why the U.S. debt is unsustainable and is destroying the middle class
In a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for 40 years plus. What’s astonishing to me is how the people who push this narrative never ask themselves, “Why has it been sustainable for so long?”. (Article by Daniel Lacalle republished from Mises.org) There is […]
04/22/2024
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By News Editors
EU elites promised a prosperous green future. This could be their undoing
Lenin famously defined communism as Soviet power plus electrification of the whole country. In other words, the ideological project of building communism was supplemented by the technocratic project of electrification, the latter being an important source of legitimacy for the new regime. (Article by Henry Johnston republished from RT.com) The present-day European Union is engaged […]
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