Oh well don't worry about it okay. I'm sure it'll be fine. The government is in charge and they know what to do and stuff.
debt
National Debt To Surpass $78 Trillion By 2028
Uh, what? Um. That's alot, right?
Everything They Touch Turns To Sh*t
“Everyone has a right to affordable health care!” “Everyone has a right to go to college!” “Everyone has a right to own a home, it’s the American Dream!” We’ve all heard these. Some of us have even believed them, but do you honestly believe the government can give...
David Stockman: Off The Charts!
From the Contracorner (paywall): It took 213 years and 43 presidents—-from George Washington to Dubya Bush—- to generate the first $6 trillion of public debt. Now a mad man in the Oval Office and a herd of Capitol Hill larcenists will be doing it in just 700 days....
Global Government Debt Has Soared To A Record $2.1 Trillion in March
From Reuters Now they are increasing spending, but what happens when tax revenues fall off the cliff because people aren't working? A debt jubilee, inflate the debt away, debt restructuring, or deficits don't matter MMT - what will they do? The latest surge in...
The U.S. Fed Just Became The World’s Banker
From Marketwatch "The Federal Reserve on Tuesday said it was establishing a temporary repo facility for foreign central banks that will help make U.S. dollars available in their jurisdictions. In the new facility, the central banks will be able to temporarily exchange...
The Senate’s COVID-19 Relief Bill Is a Crony Capitalist Dream
Over at Reason, Elizabeth Nolan Brown and the gang, including LP chairman Nick Sarwark and libertarian-leaning independent congressman Justin Amash, are of course opposing the government's massive bailout of their corrupt cronies: After a day of performative fussing...
The European Debt Crisis Explained
https://www.youtube.com/watch?v=I5QwKEwo4Bc&feature=youtu.be
Don’t Bailout The Share Buyback Queens
From Wolf Richter at Wolf Street. The Trump administration is considering a $850-billion stimulus package (bailout) for corporate America. This includes a bailout for the airline industry - the same airline industry that spent the past few years spending cash and...
Millennial Success Threatens Default Keynesian Fed-Heads
God forbid my generation gets ahead. Ladies & gentlemen, boys and girls, I give you Default Keynesian 101. Today’s “economists” demonize my fellow millennials’ practice of fiscal responsibility. It’s a miracle my generation can express financial-sovereignty at the...
Peter Schiff Style, Roast of Democrat Economics
Democrats argue for a high minimum wage, as they criticize Reaganomics for causing unemployment. But they have the situation backwards. The Minimum wage causes unemployment, and Reaganomics caused a financial boom that for decades created wealth that rose the middle...
Deficits Don’t Matter
Until they do. The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday. The difference between federal spending and revenue...
Global Debt
Should I be worried?
Year Zero: Bin Laden’s Victory
On the 1 year anniversary of Year Zero, episode 65, Tommy looks at the effects of 9/11. Given all the lies told by the US government surrounding 9/11 It's easy to see why the truther community still grows and thrives. So much so that one must wonder if the...
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