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Category Archives: The Mine or the Shaft
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
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
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
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
The Daily Headlines! March 16, 2026:
The National Debt Isn’t $39 Trillion. One Economist Says It’s Actually $100 Trillion The U.S. national debt is nearly $39 trillion. One of the country’s top fiscal economists says the real number is closer to $100 trillion — and that … Continue reading
Snyder ~ Breaking Point: A Million Jobs Suddenly Disappear, Foreclosures Rise 32 Percent, and Some Americans Are Now Facing $1,000 Power Bills
I feel quite exasperated right now. Everyone knows that the economic numbers that federal bureaucrats in Washington are feeding us each month are fraudulent. It has been that way for a very long time. The employment numbers are a perfect … Continue reading
Smith: The Dollar’s Fall ~ A Tragedy of Epic Proportions
Das ist nicht goodenzee! Das ist Shiza! America’s republic will soon be riding a massive economic Leviathan while holding a tiger by the tail, that breaks the limits of an ordinary man’s imagination and stretches the limits of logic and … Continue reading
Haggith: Big Beautiful Bill Eats America
Workers wages are being devoured, and the economy is shrinking because of it. Trump’s Big Beautiful Bill has managed to raise the federal debt another $700-billion dollars just during the first four months of his existence in the present fiscal … Continue reading
JP Morgan Shrugs Off Gold Crash – Sets A New Higher Target!
JP Morgan has reiterated a firmly bullish outlook for gold, even after precious metals suffered one of their sharpest selloffs in decades. In a note released late Sunday, the U.S. investment bank said it sees $6,300 per ounce by year’s … Continue reading
China Getting Ready to Steamroll the US Trade Dollar
President Xi of China has announced that he has set China’s yuan on a “strong” course to become a global reserve/trade currency. President Trump has set the US on a course to help him out. Xi’s plan to position China’s … Continue reading
