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The intricate dance between economic indicators unveils a sobering reality: as US government debt skyrockets, Gold emerges as a beacon of stability, outperforming Bonds in a landscape of uncertainty. With national gasoline prices surging past $3.70 per gallon amid persistent …
Just as excess savings have been depleted pic.twitter.com/exP6JjsGHn — Bravos Research (@bravosresearch) April 22, 2024
by confoundedinterest17 Biden and Congress have never met a project that they weren’t willing to fund (except a border wall with Mexico, of course). Inflation is heating up again as the Federal government continues to spend. 4-5% by November… US CPI …
With 30 major central banks poised to slash rates and over 70 nations heading into elections, the global economy braces for the most coordinated easing since the Great Financial Crisis. More Easy Money Will Plunge Us into Stagflation 30 major …
In fiscal year 2024, U.S. national debt interest has exceeded spending on the military. The federal government spent $412 billion on military programs at the Department of Defense during the first half of FY2024. However, the rapidly growing cost of servicing the national debt surpassed military spending. Interest expenses …
Here's an interesting trend: More than 60% of US federal spending is now deemed as "mandatory." This is more than DOUBLE the amount deemed as mandatory in the 1960s. Meanwhile, interest expense now accounts for 11% of the budget and …
The US credit card debt has already reached $1.1 trillion in March, an all-time record. Moreover, even when adjusted for inflation this debt has hit a record, surpassing the 2020 levels. Are US consumers' finances seriously stretched? Full analysis below👇 …
BIDEN: "The federal deficit is down by 160,000— 160,000,000 bucks!" He is, of course, LYING. pic.twitter.com/Y4fIbhhldE — RNC Research (@RNCResearch) March 26, 2024 US government spending is spiraling out of control, with Debt-to-GDP ratios on a dangerous trajectory towards unsustainable …
by confoundedinterest17 Biden loves to blame Republicans for the border crisis. Although he has it in his power to close and secure the border, but won’t. It’s easier to blame the opposition, like “extreme MAGA Republicans.” Huh, I didn’t realize …
Someone should have read the bill before signing it. Biden DOJ launches new center to promote track all gun owners to determine if they’re a threat, and then take their guns. You know who’s going to be determined to be …
1 billion $USD per page, not bad 🤭 https://t.co/G7p5e1eLLk — JustDario 🏊♂️ (@DarioCpx) March 22, 2024 Congress’s recurrent passage of Omnibus Spending Bills has become a concerning hallmark of US fiscal policy. These bills, notorious for their labyrinthine complexity and …
The agreement, the details of which are yet unclear, may not have come in time to prevent vast swaths of the government, including the Homeland Security, Defense and State departments, from at least partially shuttering just after midnight Saturday. The …
Chief Economist Warns Of High Chances Of Recession Due To Rising Unemployment And Declining Consumer Spending The chances of the economy sliding into a recession are “extremely high,” as the United States is on the brink of experiencing a surge …
Wait, so Biden’s “Infrastructure bill” allocated $5 billion towards building charging stations, and only 8 have been built?! Not 8,000, Not 800, *8*, For $5 billion Wait, so Biden’s “Infrastructure bill” allocated $5 billion towards building charging stations, and only …
via Mike Shedlock The answer to the question appears to be yes, starting October of 2023. Six pictures of real vs nominal advance retail sales tell the story. Real and nominal advance retail sales. Real sales are inflation-adjusted by the …
Sports Illustrated estimated that 80% of NFL players go broke in their first three years out of the league. Adrian Peterson is no exception. Adrian earned $103 million during his NFL career, and remains the highest-earning running back in NFL …
A prominent evangelical advocacy organization plans to significantly ramp up political spending in the 2024 election with one goal in mind: returning Donald Trump to the White House Faith & Freedom, a conservative-leaning organization, intends to spend $62 million registering …
by confoundedinterest17 In statistics we talk about “jump processes.” Like Federal government spending every time there is a financial crisis like the subprime crisis of 2008-2009 and the Covid lockdowns of 2020. Each crisis brought a jump in the level of spending …
Time to VACATE Mike Johnson.
In the grand theater of Congress, Representative Thomas Massie has stepped into the spotlight, holding the script of fiscal responsibility while accusing his Republican colleagues of staging a budgetary masquerade. Basing his criticisms on the Congressional Budget Office (CBO) numbers, …
by Michael It seems odd to talk about 2021 as “the good old days”, but the truth is that the cost of living was far lower just three short years ago. Earlier today, I did an interview with Sam Rohrer of Stand …
It's in the nature of the monetary system for these ratios to go exponential. In the short term, something might give way, but in a few years, we'll be repeating this conversation as the debt level has surged exponentially. pic.twitter.com/mS05NNJ3UJ …
Interest payments on $34 trillion US national debt will exceed DEFENSE spending this year – as legendary investor Paul Tudor Jones says a ‘debt bomb’ set to go off in US Interest payments on the US national debt will eclipse …
A south Chicago suburb is under the spotlight for possible corruption after its mayor was accused of lavishly spending money on luxuries while the Village of Dolton wallows in serious debt. Dolton Mayor Tiffany Henyard has come under scrutiny for …
Nato is set to announce on Wednesday that 18 of its 31 members will meet the target of spending 2% of gross domestic product on defence this year https://t.co/cpDD8uIjp4 pic.twitter.com/XqAWLlhB6L — Financial Times (@FT) February 13, 2024 Idea Of Trump …
by confoundedinterest17 As Commander Cody sang, “We have too much debt.” “The prices of some things will decline. Others will go up. But we don’t expect to see a decline in the overall price level,” said Federal Reserve Chair Jerome Powell, Nvidia …
Earlier this week, journalist James O’Keefe of O’Keefe Media Group visited a Ramada Inn by Wyndham converted to a migrant housing facility that is reportedly being run by the Casa Alitas program in Tucson, Arizona. According to O’Keefe, buses were …
It's a terrible idea to put forward and pass a bill that tries to secure other countries' borders before we secure our own. We need to address our problems here at home in a REAL way. — Rand Paul (@RandPaul) …
Oh, the epitome of educational excellence! Spending $47,000 per student to achieve the remarkable feat of ZERO passing math proficiency. Bravo, Illinois! https://twitter.com/eyeslasho/status/1754894367439900947 Spry Community Links High School, in the Heart of Little Village in Chicago, says its vision is …