All posts in " Sovereign Debt Crisis "

Biden Blames Trump for his $1.8 Trillion Deficit – What Propaganda

October 22, 2024

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 […]

The First Soveregn Default of the United States on the Military

August 29, 2024

QUESTION: I had an argument with my son that what they teach in school is never the truth, not even about history. I was trying to find that writing you did years ago that the GI Bill was enacted only because they defaulted on the soldiers twice before. If I remember correctly, I think you […]

PRIVATE BLOG – States will Default Before the Feds

August 14, 2024

PRIVATE BLOG – States will Default Before the Feds 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/

War & Freedom of Speech – Then the Default

August 2, 2024

I had the privilege of knowing Normal Rockwell back in the 1970s. His most famous war poster, created to raise money for World War II, asserted that if we lost, we would lose our freedom of speech. It is good that Norman is no longer with us. If he were alive today, he would be […]

Yellen’s Gimmick to Cut Interest Expenditures – Treasury QE

July 31, 2024

Clinton’s Gimmick Shifting to Short-term Funding to Reduce Interest Expenditures. I wrote as a guest columnist for the Wall Street Journal back on April 19, 1995, dealing with an issue that seemed to go over everyone’s head. At the time, President Clinton (1993-2001) was able to balance the budget, and nobody seemed to understand how […]

Yellen’s Gimmick to Reduce Interest Expenditures – Treasury Version of QE

July 31, 2024

Clinton’s Gimmick Shifting to Short-term Funding to Reduce Interest Expenditures. I wrote as a guest columnist for the Wall Street Journal back on April 19, 1995, dealing with an issue that seemed to go over everyone’s head. At the time, President Clinton (1993-2001) was able to balance the budget, and nobody seemed to understand how […]

The London ECM Next Weekend

May 18, 2024

  We have reached a critical crossroads in the world economy. May 7th, 2024, was a profound turning point that changed the course of events as they are starting to unfold. We will be covering Europe, economically and geopolitically, and the rush for a war that will justify not just digital IDs, but capital controls; […]

British MoD Allegedly Hacked by China on May 7

May 8, 2024

The Ministry of Defence (MoD) announced on May 7 that they were targeted by hackers. The initial announcement did not state who was responsible, but Sky News reported that their sources claim China is to blame. There has been much news of heightened tensions with China around the May 7 target. Did China hack the […]

Imagine Waking from an 8-Year Coma – Reflections from the Last ECM Wave

April 16, 2024

The year 2015 was not long ago, and yet the entire world economy has changed. Central banks mismanaged monetary policy through arbitrarily low interest rates and continuous printing to appease the bigger issue—fiscal policy. Fiscal policies are all but nonexistent in most of the modern world, and government spending has become one of the largest […]

Democrats Destroying the United States – Here Comes the Recession

March 30, 2024

The stats are in, revealing that Biden has flooded the nation with over 6.4 million illegal immigrants who have entered the U.S., bringing the total to now 13.7 million that the government must support. They are bankrupting cities, raising crime like never before since countries are emptying their prisons and shipping them to Bidenville. The […]

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