Category Archives: The Mine or the Shaft

Policymakers have a terrible habit of ‘solving’ problems by pretending they don’t exist. This is how they ‘solved’ the bank crisis last year. But as I point out below, the fundamental problems didn’t go away. And now that the Fed … Continue reading →

Will the Second-Most Powerful U.S. Bank Finally Explain Why It ‘De-Banks’ Christian Customers? Bank of America is being advised to quit punishing customers for their beliefs, or else consider a name change, but first it has to come clean about … Continue reading →

It has yet to be fully unveiled, but the United States has been robbed blind by the powers that be, which have underwritten Americans’ financial assets as collateral for the coming pop of the derivative and financial bubble.

What’s Behind the Latest Government Scam to Rob You Blind? “The fact is that the government, like a highwayman, says to a man: Your money, or your life. And many, if not most, taxes are paid under the compulsion of … Continue reading →

Zimbabwe has introduced a new gold-backed currency called ZiG – the name stands for “Zimbabwe Gold“. It is the latest attempt to stabilise an economy that has lurched from crisis to crisis for the past 25 years.

Hedge Fund Boss Warns Politicians Are Spending ‘AT THE EXPENSE OF FUTURE GENERATIONS‘ Hedge fund billionaire Ken Griffin has warned that the ‘surging’ US national debt is a ‘growing concern that cannot be overlooked.’ Griffin, who founded and runs Miami-based … Continue reading →

The U.S. is almost certainly on an unsustainable path with regard to the astronomic rise in its national debt, according to a million simulations run by Bloomberg. Bloomberg reported Tuesday that it conducted a million simulations on the U.S. debt … Continue reading →

This is critical information if you want to understand the trajectory of inflation. I’ve been talking about this for a long time: higher oil prices are inflationary. And I think 2024 will be the year that people finally start to … Continue reading →

In case you thought anybody in Washington was driving this thing, they are not. It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had … Continue reading →

Last month, the US Senate passed a resolution saying the over 34 trillion dollars (and growing) national debt threatens national security. A few days later, a bipartisan majority of the Senate voted for a 1.2 trillion dollars spending bill. In … Continue reading →