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This Chart Explains Why the US Debt Trajectory Is Unsustainable

by Zero Hedge | Feb 21, 2018 | Economics, Featured Articles

Earlier today we discussed a report by Goldman Sachs which, when summarized, suggested that unless something significant changes in the coming years, the current US fiscal policy will lead to a debt catastrophe. In an unprecedented warning, the bank which spawned Trump's chief economic advisor Gary Cohn, ironically the architect behind Trump's fiscal strategy, warned that "the continued growth of public debt raises eventual sustainability questions if left unchecked." It is worth highlighting that for Goldman to warn that the US fiscal and debt trajectory is unsustainable is quite...

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Israel Winner of the 2003 Iraq Oil War

by Gary Vogler

From the Foreword by Lawrence B. Wilkerson: “[T]he debate over whether oil was a principal reason for the 2003 invasion has waxed and waned, with one camp arguing that it absolutely was, while the other argues the precise opposite.” “Mr. Vogler, himself a former...

Domestic Imperialism: Nine Reasons I Left Progressivism

by Keith Knight

Imagine the Catholic Church (or any person or group of people) doing what the government does every day: Everyone who doesn’t give the Catholic Church 25% of his annual income every year will be put in jail. If he resists the Jesuit officer, the officer has the right...

Diary of a Psychosis: How Public Health Disgraced Itself During COVID Mania

by Thomas E. Woods, Jr.

FOREWORD BY JAY BHATTACHARYA, MD, PHD Diary of a Psychosis is different from all other books on Covid: it traces the development of the government response as it happened, bit by bit, and subjects it to relentless scrutiny: did any of it do any good? It thereby...

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