Category Archives: The Mine or the Shaft

We are at the pinnacle of affluence right now, but every penny of every debt must still be paid, so the systems will fail… Some people see a “Mad Max” scenario might be coming because of the enormous unpayable global … Continue reading →

International Man: Before 1913 there was no income tax, and the United States was a much freer country. Initially, the government sold the federal income tax to the American people as something only the rich would have to pay.

What fools we have running the nation. We haven’t had true capitalism in over a hundred years, and what everybody who has bought the flawed concept doesn’t understand is that the supposed “Great Economy” is a pure fabrication and manipulation … Continue reading →

The Leftmedia’s harping on the economy has yielded the desired pollaganda result. “Americans’ attitudes toward the economy took a sharp turn downward in the third quarter,” CNBC reports, reaching “the lowest level of optimism in three years.” Moreover, “With only … Continue reading →

It is beginning to come apart… We have described, in the last several days, a fascinating trend that is developing: the dash for cash ahead of the next market crash. 

Last week, Lim Chow Kiat, who runs some $440 billion for Singapore’s sovereign wealth fund, laid out his case for keeping powder dry. Before that, Chicago billionaire Sam Zell said his firm has never been this cash-heavy. Meanwhile, hedge-fund titan … Continue reading →

We have been railing against Public/Private Partnerships for many years. This is not a new issue. Many times in the past we’ve tried to inform the public of the dangers of PPPs, but they are complicated and most people today … Continue reading →

Many American voters have come around to the idea that the loans are an unsustainable burden Student-debt cancellation, once viewed as a niche political issue, has now, with loans topping a staggering $1.5 trillion, made it onto the platforms of … Continue reading →

We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt … Continue reading →