Category Archives: The Mine or the Shaft

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

The U.S. Has Already Gotten Rid of the Penny; Now the Nickel May Be the Next to Disappear

Finance commentator Adam Snyder, speaking on his Snyder Reports channel, says Americans may need to get used to another small but symbolic change in everyday life: after the penny’s phaseout, the nickel could now be next on the chopping block. … Continue reading

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Smith: The American Economy Flashes Unmistakable Warning Signs ~ THIS ENDS BADLY

For now, everything looks wonderful and coming-up-roses for a good many top-tier and upper-middle class folks. Just wait. The other shoe’s fixin’ to fall. The American economy today presents a glittering facade: stock indexes shattering records under the current administration, … Continue reading

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America Is on the Verge of Bankruptcy. NOTHING Will Matter When the Crisis Hits

We are all concerned about the many problems we face today: inflation, affordability, a world at war, the list goes on. That will all be irrelevant if the United States goes bankrupt. Make no mistake, that is where we are … Continue reading

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U.S. Added $1.2 Trillion to National Debt in Six Months

The U.S. government added $1.2 trillion to the national debt over the past six months, borrowing $163 billion during March alone, the Congressional Budget Office reports. At the current rate of borrowing, federal deficits are on track to top $2 … Continue reading

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2026 Tariff Changes Are Adding an Estimated $1,500 Per Year to the Average Household’s Costs

Tariffs rarely appear on a grocery receipt or electronics price tag, but economists say American households are increasingly paying for them anyway. A growing body of research from federal budget analysts and university economists suggests that the current U.S. tariff … Continue reading

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U.S. Government Is Spending $88 Billion a Month in Interest on National Debt… Equal to Spending on Defense and Education Combined

The problem with an increasing debt burden is that it costs more to maintain it: This is precisely the issue with which the U.S. Treasury is wrangling at present. As total U.S. national debt ticks over $39 trillion, the interest … Continue reading

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The Daily Headlines: April 8, 2026:

Silver Outshines Gold: Prices Surge 6% to $77 The ceasefire agreement between the U.S. and Iran propelled gold and silver prices to nearly two-week highs. Silver outperformed gold, with spot prices surging over 6% to $77.64 per ounce, while gold … Continue reading

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The Daily Headlines: April 6, 2026

Trump Officials Prepping for ‘Nightmare Scenario’ Where Oil Hits $150-a-Barrel – and Unleashes More Pain at the Gas Pump White House officials are bracing for oil prices to surge past the $150-a-barrel mark as the Iran war stretches into its … Continue reading

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Hickman: Jerome Powell tells Congress ~ “Good luck with that debt problem…“”

George Washington handed Alexander Hamilton an impossible task in September 1789. America owed about $75 million in debt from the Revolutionary War. Individual states had already defaulted. Foreign creditors considered the new country a total joke. And domestic bondholders at … Continue reading

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U.S. Treasury Declares Insolvency with $47.8 Trillion Liabilities

The U.S. government has been declared insolvent by the Treasury Department, according to its consolidated financial statements for fiscal year 2025. The report shows total assets of $6.06 trillion against liabilities of $47.78 trillion as of September 30, 2025, a … Continue reading

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