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US Banks Experiencing Rising Unrecoverable Debt

July 23, 2024

I’ve long been sounding the alarm on the private debt crisis sweeping the Build Back Better nations. US government debt equaled 122.3% of the nation’s GDP in 2023, a cost that will be passed on to the taxpayers. As of Q1 2024, US household debt stood at $1.77 trillion; $12.44 trillion held in mortgage debt, […]

Corporate Bankruptcies Surpass Pandemic Levels

July 23, 2024

Americans are opting to file for bankruptcy at a faster pace as they cannot repay their debts. A few major banks came out to say that they lost over $4.1 billion last quarter due to unpaid debts. Bankruptcy filings in the US rose 15% in the first half of 2024, reaching 217,000. Consumers aren’t spending […]

We Apologize

July 22, 2024

Hello everyone. We wish to offer our apologies for the wild afternoon. We have identified that this was caused by a direct denial of service attack on our login page for the private blog. We have a special code and can trace back the source who is trying to prevent people from getting access to […]

Democrat Tulsi Gabbard warns – Do Not Vote Democrat

July 22, 2024

https://www.armstrongeconomics.com/wp-content/uploads/2024/07/Tulsi-Gabbard-aGAINST-kAMALA.mp4   Tulsi Gabbard, who is a Democratic American politician, is also a United States Army Reserve officer who was a candidate in the 2020 Presidential Election, Lieutenant Colonel in the Unit United States Army Civil Affairs and Psychological Operations Command United States Army Reserve. She dares to speak out about the Neocons. Kamala would […]

Market Talk – July 22, 2024

July 22, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 464.79 points or -1.16% to 39,599.00 Shanghai decreased 18.09 points or -0.61% to 2,964.22 Hang Seng increased 218.20 points or 1.25% to 17,635.88 ASX 200 decreased 39.90 points or -0.50% to 7,931.70 KOSPI decreased 31.95 points or -1.14% to 2,763.51 […]

PRIVATE BLOG – The Winds of War are Blowing

July 22, 2024

PRIVATE BLOG – The Winds of War are Blowing Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

The Death of the Fantasy of Democracy

July 22, 2024

COMMENT: A friend of mine insisted I read you because you have real experience. I tuned in only so I could argue with my friend. I raise the white flag. You said they would only allow Biden to be on the ticket and nobody else because he would drop out after the RNC event, and […]

Rental Caps?

July 22, 2024

The Biden Administration wants to do everything to lower prices BESIDES lowering taxes. Joe Biden released a new plan that would cap rental raises at 5% annually. Landlords who have over 50 units in their portfolio would lose their tax credits if they failed to adhere to this proposed law. Yet, property taxes throughout the […]

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