The Internal Revenue Service (IRS) released new tax bracket information for 2025. Most tax thresholds increased by 2.8% compared to 2024. The report, released ahead of the election, claims these changes will prevent “bracket creep” where inflation propels taxpayers into higher brackets. However, the tax breaks imposed under former President Donald Trump come to an […]
Defense Secretary Lloyd Austin confirmed yesterday that North Korea has deployed troops to Russia. “That is a very, very serious issue and it will have impacts not only in Europe, it will also impact things in the Indo-Pacific as well,” Austin warned. Zelensky is now panicking as two nations with nuclear capabilities are fighting against […]
https://www.armstrongeconomics.com/wp-content/uploads/2024/10/RFK-on-Gates.mp4 Will Gates show up in the Netherlands? If he refuses, he will have to be extradited. Then, the Biden administration would either send him in chains or refuse to give him up. Is that what the $50 million is for? Protection? He knows RFK and Trump would send him as fast as possible […]
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 307.10 points or -0.80% to 38,104.86 • Shanghai increased 16.94 points or 0.52% to 3,302.80 • Hang Seng increased 261.20 points or 1.27% to 20,760.15 • ASX 200 increased 10.30 points or 0.13% to 8,216.00 • SENSEX decreased 138.74 points […]
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“Neutral like Switzerland” can no longer be a saying as the Swiss government has announced it is joining the European Sky Shield Initiative (ESSI) to develop a shared missile defense system across Europe. Switzerland is neither an official member of the European Union nor a member of NATO. Yet, the nation forfeited its neutrality stance […]
Kamala Harris and Joe Biden have declared that illegal migrants may have access to Medicaid in a move that will cost billions. Individual state rights are coming into play once again, but how do individual states manage a federally funded program? Estimates believe over 21 million people have entered the United States since 2022, but […]
The United States Treasury reported a $1.833 trillion budget deficit for the fiscal year ending September 30. This marks the third-highest deficit on record, but it is solely due to government spending. The highest deficit happened in 2020 during the disaster of COVID, and second behind is the clean-up year of 2021 when the deficit […]
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 542.64 points or -1.39% to 38,411.96 • Shanghai increased 17.76 points or 0.54% to 3,285.87 • Hang Seng increased 20.49 points or 0.10% to 20,498.95 • ASX 200 decreased 138.70 points or -1.66% to 8,205.70 • SENSEX decreased 930.55 […]
I am sick and tired of all the constant lies. The Biden Administration blames Trump for its $1.8 trillion deficit. The interest expenditures will be about $1 trillion alone. Now, if you just accept that at face value, you are part of the problem when the United States will crash and burn. This makes it […]
