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Category Archives: The Mine or the Shaft
Investors in Cryptocurrency Are More Likely to Be Psychopaths
Cryptocurrency, which has exploded in popularity in recent years, is digital ‘money’ which lies beyond the control of central banks and governments. The global market is worth about £1.3 trillion and around five million adults in the UK have invested. … Continue reading
Benson: Part of the “Fundamental Transformation of America“
I’m not much into the economic area. It’s far from being my long suit. But I caught an item on the news this morning that grabbed my attention. It talked about how, in our present day, most young couples cannot … Continue reading
The US Has 4-5 Years, at Best, to Turn the Ship Around
I have written to you more times than I can count about how the US government’s own budget officials forecast a $20 trillion increase in national debt over the next ten years. Remember, this isn’t some wild conspiracy theory. This … Continue reading
June 9, 2024: Today Marks The End Of The Petrodollar
Little By Little, The Economy Has Declined To A Point Where Almost Everyone Is Struggling
It happened so gradually that a lot of people didn’t even realize what was happening. The cost of living just kept rising faster than paychecks were, and little by little our standard of living just kept going down. Now we … Continue reading
The Achilles Heel of the Fiat Money System
The fiat money system will not disappear just like that. Any expectations or hopes to that end should be tempered. Yes, the fiat money system could collapse; yet there is a significant likelihood it will persist longer than most people … Continue reading
The US Consumer Is CRACKING
The Fed’s war on inflation is finally trickling down to the wider economy, and the evidence is beginning to show that many Americans are feeling the pain. Today’s Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) … Continue reading
House Votes to Block Federal Reserve From Creating Own Digital Currency
The House of Representatives on Thursday voted along bipartisan lines to advance legislation blocking the Federal Reserve from creating its own central bank digital currency (CBDC). Three Democrats joined all Republicans in voting for the bill — moderate Reps. Jared … Continue reading
Rising Inflation Under Bidenomics Strains American Households
In the current economic climate, many Americans find themselves struggling to make ends meet, as the pressures of inflation bear down on everyday living expenses. Under the Biden administration, the economic policies known as “Bidenomics” have come under scrutiny as … Continue reading
Tens Of Millions Of Americans Are “Trapped” In An Endless Cycle Of Debt That Is Sucking The Life Out Of Them Financially
Did you know that U.S. households are 17,690,000,000,000 dollars in debt? Of course household debt is only one part of a much larger story. The federal government is 34 trillion dollars in debt, state and local governments are absolutely drowning … Continue reading
