Category Archives: The Mine or the Shaft

On September 1, 1575, a royal courier from King Philip II of Spain arrived to the banking house of Niccolò de Grimaldi in Genoa. The Grimaldi bank had loaned Philip quite a sum of money, and the Italian bankers already … Continue reading →

It’s rather difficult to write about poverty and America’s welfare and the dynamics behind it all, since it truly isn’t simply as black and white as so many might wish for everybody to see it. Today, here in America, one … Continue reading →

People can’t afford life anymore. Americans are feeling the full impact of the cost of living crisis as inflation, rising groceries, soaring rent, and record energy prices make daily life increasingly unaffordable. Families across America are struggling to keep up … Continue reading →

America’s jobs market is stuck in neutral. US employers announced far fewer cuts in November as companies tried to navigate a messy economic backdrop — tariffs, softer demand, and vibes-based uncertainty. Challenger, Gray & Christmas reported on Thursday that planned … Continue reading →

Americans the general sense of where the real American economy lies and the dynamics that suggest no matter how much the Trump administration or any successive administration props it up, an accounting is coming, and it most likely means the … Continue reading →

There’s a $38 trillion time bomb ticking in the heart of the American financial system, and in 2026, it’s going to detonate, not with the slow burn of a typical recession, but with the devastating speed of a controlled demolition. … Continue reading →

Looking at the above title, the reader may conclude that he has begun to read an article that he might better save until he has a holiday weekend in which to read it. And there can be no doubt that … Continue reading →

Do you remember when we were told that the “Reagan deficit” was going to destroy the economy? In the past two and one-third months ending October 15 the US national debt increased by $1 trillion. That is five times greater … Continue reading →

I’m so tired of hearing Our grandparents could buy a house on one salary, but now we can’t even afford rent on two!” Yeah, because Grandma wasn’t blowin’ half her paycheck on $12 iced coffee and avocado toast, that’s why! … Continue reading →

Things are about to get real interesting real fast, unless Chuckie Schumer decides to give in before the shit hits the fan – but that may be exactly what they are shooting for – food riots. But this SNAP and … Continue reading →