All posts in " Economics "

Kamala’s Economic Plan Will Destroy the US Economy & Lead to Food Shortages

August 19, 2024

  Kamala Harris’ father was basically a radial communist. She is not far from her father’s ideas, any more than Bill Gates is different from his father’s fears of population when he created Planned Parenthood and stuck them in minority areas to reduce the population of blacks. No matter how many times Socialism has been […]

The Second Great Depression?

August 16, 2024

The coming economic collapse will not resemble the Great Depression. Yes, we are in a recession – but it will not be reminiscent of the Great Depression that began in 1929. For you see, the landscape is entirely different now. America was transitioning from an economy based on agriculture to industrialization. About 40% of the […]

Yellen Under Fire for Encouraging Debanking Practices

August 5, 2024

US Treasury Secretary and establishment puppet Janet Yellen has denied the advice of her own advisors to encourage debanking practices. Twenty Republican Attorney Generals have reached out to Yellen to remind her that she is not permitted to impede with state laws to weaponize her department against the Democrat’s political opponents. Florida Attorney General Ashley […]

US Unemployment rises with ECM

August 2, 2024

COMMENT: Marty, I just had to write to congratulate you on Socrates’s truly amazing ability to forecast so many markets and economic statistics without opinions that are far too often colored by personal biases. I made a friendly bet with a friend in the bank that unemployment would start to rise in July. I won. […]

$2.4 Billion Daily – Servicing the US National Debt

August 1, 2024

Serving debt is the largest cost of Washington’s debt crisis; America currently spends $2.4 billion in daily interest fees alone. The debt and spending simply cannot keep up with what America is bringing in. The federal govt spent $658 billion on interest fees in 2023, a 38% jump from the $476 billion in servicing debt […]

The Confusion over Quantitative Easing

August 1, 2024

There has been so much disinformation and sensationalizing of Quantitative Easing that this has led to academic economists who lack any trading experience to propose Modern Monetary Theory for its seems nobody actually comprehends what the hell is really going on. Much of the problem stems from this ancient theory that if you increase the […]

DEI the Hidden “REAL” Global Agenda

July 29, 2024

COMMENT: It’s akin to a multi-billion marketing campaign I have family in UK, Sydney, and Galway, Ireland All are getting “diversity” pushed. It’s like a weapon now to prevent unity, common heritage against govt I made these for friends. The end game of diversity? There will be OLYMPIC teams in 30 years! RL REPLY:  The […]

It’s a Recession Not a Depression

July 26, 2024

The government insists that the economy is fine, thriving perhaps, and has asked the public to pay no mind to their current financial situation. No one, aside from those living off government assistance, are better off now than they were four years ago. Americans cannot be gas lit into believing the economy is sound when […]

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 […]

Page 4 of 32