At thirty-three trillion of national debt, interest consumes a huge portion of taxes collected. The debt has grown every year since 2001 as the government has spent more than its tax receipts. Debt is 54% higher than five years ago. Interest payments are on track to exceed $1 trillion before
Another week ticks by and we are still juggling everything in the economy and out to look normal. The banks become more unstable, and more military equipment is ordered and then produced to throw into yet another brewing ‘war front’. We follow the money and see once again the ‘military,
Where are the building cranes? What happened to the property enthusiasm? Why are people not investing in their homes? Where did the easily available capital go? Why am I reluctant to wear my watch when I go out or reluctant to purchase a flashy car even though I would like
When I look at the upcoming BRICS meeting and the potential effects on the dollar, I feel that the group has a point, in that the dollar has been weaponized and any one of them may be the next target of the deadly weapon of being basically demonetized. I feel
I am seeing more and more articles about the imminent demise of the dollar. In my opinion the dollar will still be around for quite a while, so please do not take panic decisions regarding dumping your dollars. This does not mean sit on your hands. The threat to the
Limit government so that they do not overwhelm the population and build bureaucratic edifices creating more and more government staff into the ‘privileged’ class and more and more people away from the productive population.
Before going into the Roman Empire, I would like to raise a point of concern. I, personally, lived through severe capital controls whilst in South Africa and saw how far reaching the ramifications are. As an example, any funds over a certain small amount, leaving the country, have to be
Thank you to all of our subscribers that wrote back and requested more information on the similarities between the fall of Rome and the current American situation. I will try to cover more of this specifically for you. Because this is such an interesting and diverse topic, I will break
Looking at comparisons between the fall of Rome and the current state of the US leads me to believe that the US is vulnerable to a similar fate. Some of the similarities follow: We understand that times are different and the world has modernized somewhat, but history does tend to
The more I read about CBDC’s, derivatives, bank investments, bank risks, financial products, debt ceilings, and debt to GDP ratios, the more I concentrate on physical gold and silver. To add spice to the mix, some gold, silver, platinum, lithium and uranium stocks. Each has its risks and rewards and
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