Category Archives: The Mine or the Shaft

You figure it out. Which will it be? Only time will tell!

Just for Fun ~ HAHAHAHAHA

Wanna new house?

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Official Medicare Premiums 2024 – The Numbers Are In

Healthcare costs are on the rise for Medicare recipients – nationwide. The information for this article is sourced directly from the Centers for Medicare & Medicaid Services.. On the heels of the Social Security announcement of a 3.2% cost of … Continue reading

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The Myth of the Invincible Dollar

I write a lot about the national debt – And most people don’t care… That’s because there’s a widespread belief that the dollar is invincible. It isn’t.

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US Economy in Crisis: Here’s What Happens Next

Current economic indicators provide a mixed picture. On one hand, the country has experienced robust GDP growth, signaling a strong economy. The labor market remains tight with historically low unemployment rates, and job gains continue to be impressive. However, a … Continue reading

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For the First Time Since the Great Depression, U.S. Money Supply Is Shrinking

History Suggests This Spells Trouble for Stocks. We’re witnessing history: the first meaningful decline in U.S. money supply in 90 years. Volatility has been the name of the game on Wall Street since this decade began. Since 2020, the iconic … Continue reading

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The Greatest Debt Spiral In Human History – And It’s Now Terminal.

If you’re going to go out, you might as well go out in style. Our national debt stood at $31,467,639,287,894.39 at the start of June. It is now worth $33,476,530,987,617.43. That implies that in just three months, we have added … Continue reading

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We Are Witnessing One Of The Greatest Financial Market Crashes In History Right Now

History is starting to repeat itself. In 2008, bond prices crashed before stock prices did. Here in 2023, bond prices are crashing again. In fact, we are currently witnessing one of the greatest financial crashes in U.S. history at this … Continue reading

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Is the Money in Your Checking Account Yours or the Bank’s?

When Silicon Valley Bank and other banks failed earlier this year, the debate over the sustainability of fractional reserve banking resurfaced. Under fractional reserve banking, banks keep only a fraction of customers’ deposits in reserve. The difference is bank credit, … Continue reading

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New Warnings of Bank Collapse Surface Due to Massive Losses

Banks have now reported having more than $309 billion in unrealized losses for the second quarter ending on June 30 alone. The FDIC reported that all 4,645 FDIC-insured financial institutions had $309.6 billion in unrealized losses on held-to-maturity securities. According … Continue reading

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The US Consumer is Starting to Crack

Even as interest rates skyrocketed over the past 18 months, a good job market and strong consumer spending kept the US economy moving. This led to hope that a soft landing was coming, where the Federal Reserve could defeat inflation … Continue reading

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