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Author Archives: admin
The Middle Class Is Increasingly Becoming “The Impoverished Class”, And The Poor Are Increasingly Being Pushed Into The Streets
America’s middle class is being systematically eviscerated. When the Federal Reserve pumped trillions of dollars into the financial system during the pandemic, most Americans didn’t realize what that would do to them. That money certainly made the wealthy a whole … Continue reading
Welcome to the Twenty-First Century American Bankruptcy Show
Many historians labeled the twentieth century as the American century, with many metrics used. The end of the Cold War in 1989 and the fall of the Union of Soviet Socialist Republics in December 1991 changed world affairs: several new … Continue reading
What Happens If the Government Outspends Its Ability to Pay?
What it looks like when the financial walls close in… For “Ask an Economist” this week, I have two questions from J.R. He says, “My question is what happens when the government continues to spend out of control where it … Continue reading
The Fed: Harming the Economy for over a Century
Since its founding in 1913, the unelected central planning bureaucrats at the Federal Reserve have been given the incredible privilege of legally creating money out of thin air, which mere mortals like us are not allowed to do. They have … Continue reading
“He ain’t never done nothin’ but get shot in Dallas. . .”
When the first shot rang out at Dealey Plaza on November 22, 1963, most bystanders didn’t even realize that it was the sound of gunfire. But Texas Governor John Connally was an avid hunter. He recognized the sound, sensed danger, … Continue reading
Is the Almighty US Dollar About to Take a Fall?
August 23rd was a big news day all over the world. The western media’s focus on the events of that day was solidly on the unproven claims that Russian President Vladimir Putin was behind the sabotage or shooting down of … Continue reading
“Mad Max” Conditions Are Coming: Desperation Is Rising As The Economy Rapidly Deteriorates And Food Costs Soar
How far would you go to feed your family? Hopefully that is a question that you will not have to answer any time soon, but right now we are seeing millions upon millions of people become more desperate as economic … Continue reading
Smith: The American Economy’s Final Hard Fall
As I look at the incredible numbers we see in our nation’s budget, it becomes readily apparent that this is a shipwreck looking for a reef to hit and unsustainable as all hell. It has to be in their plans … Continue reading
De-dollarisation: In Gold the World Will Trust
Global central banks on a cumulative basis have never sold gold between 2010 and 2022 The US dollar has been the de-facto world reserve currency for more than half a century, with no questions asked about the greenback’s exceptionalism. However, … Continue reading
The Coming Collapse of the Global Ponzi Scheme
It won’t be long before governments around the world, including the one in Washington – self-destruct. Strong words, but anything less would be naïve. As economist Herbert Stein once said, “If something cannot go on forever, it has a tendency … Continue reading
