The following chart indicates...[the extent, in percentage terms, to which various] entities have loaned money to the U.S. government...[and, as such,] their share of the U.S. national debt as of 30 September 2021.
Read More »How Will the Debt Ceiling Farce of 2021 End?
OK, folks, let’s get some popcorn and watch “The Debt Ceiling Farce 2021” as it unfolds! Everyone knows how this will end. Since 1960, the farce played 78 times. Each time, after everyone got through extorting concessions from the other side, Congress either raised the debt ceiling, extended it, suspended it, or changed the definition of “debt.” That’s how it ends.
Read More »The State of Household Debt in America
Debt has risen on all fronts to unprecedented levels...and now accounts for $52 trillion in the USA of which American household indebtedness amounted to an average of $118,000 per household in 2020. That’s a big bill to pay. Here’s how the various forms of U.S. household debt compare...
Read More »A BIG Fire Is Needed To Get Rid Of All the Financial & Social Excesses – Here’s Why
Explosive fires always end in everything burning down or imploding eventually and this is just what is going to happen in the next few years. A massive forest fire is not just totally inevitable but is also an absolute necessity.
Read More »Sovereign Debt Bubble Collapse, Major Inflation & Higher Gold Prices Coming
With deficits growing wider each year, we believe there is a very high likelihood that the price of gold will rise in the next few years.
Read More »The U.S. Central Bank Between A Rock & a Hard Place – Here’s Why
There appears to be no end in sight to the borrowing and spending. As such, the U.S. central bank has worked itself between a rock and a hard place - rampant inflation or a crashing dollar. Let me explain.
Read More »U.S. Trade Deficit in Goods Worst Ever – Up 6%
2020 was a milestone in the sordid history of the long-running U.S. trade deficits. As the rest of the world cut back on buying U.S. goods, U.S. consumers were doused with government money, and they switched from buying services — from haircuts to plane tickets — to buying goods, a large portion of which was imported.
Read More »Finally! Someone With the Balls to Face Reality and Outline the Probable Outcome & Utter Hopelessness of America’s Debt Problems (+6K Views)
Many articles are being written these days that more or less scope the dire financial circumstances the U.S. is in. That being said, I had not been able to find one "analyst" - even one - who had the guts to outline the probable outcome and general hopelessness of the situation and to offer any meaningful prescription for investors to survive this coming catastrophe - until now. Words: 710
Read More »You’ve Been Warned: Exponentially Increasing Debt Will Lead To Monetary Madness (and Higher Gold & Silver Prices)! (+3K Views)
You have been warned! The financial world is descending into the trap of exponentially increasing debt that leads, slowly or rapidly, toward an abyss of monetary madness that can only mean much higher gold and silver prices in the future.
Read More »Massive Debt = Dollar Collapse = High Inflation = Likely Depression (+4K Views)
The value of a currency is determined by a number of variables. In this article, I will focus on the dynamics of demand, supply, current account deficits, and aggregate government debt.
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