The two states that are attracting the most investment capital and migration from the notorious Blue States of California and New York are none other that the two states without income taxes – Texas for computers and Florida for finance. Trump’s announcement of his intention to transform the US into “the world capital of artificial […]
Total global debt has peaked to 326% of global GDP, adding an additional $12 trillion of debt in the last three quarters of 2024, according to the Institute of International Finance. This figure surpasses what we saw amid the pandemic and is expected to continually rise and governments continue to borrow with no intention of […]
The first three Liberty bonds and the Victory Loan, sold to fund World War I, were indeed retired during the 1920s. However, because the terms of the bonds included a Ponzi Scheme that allowed the bondholder to swap them for the newer bonds, with superior terms, most of the debt from the first, second, and […]
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A lot of people are fixed on what money is and presume somehow that a return to precious metals will solve the problem. Precious metals are for personal use. They have never prevented any society from systemic economic collapse. Do not confuse hoarding gold to preserve wealth with a gold standard. We had one with […]
Many mistakenly look to the stock market as the leading indication of economic security. The true culprit is the DEBT market, not the stock market, that leads to depressions and recessions. A recession, in comparison to a depression, is merely a minor impact that could be isolated to one nation. Unemployment will typically rise up […]
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 […]
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 […]
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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 […]
