(Michael Snyder) Are you ready to cough up $220,000 to pay your share? One of the reasons why a day of reckoning for the U.S. economy is inevitable is because we are in way too much debt.
Economy
New Blockchain Project Promises to End Corruption, Restore Prosperity, and Return Power Back to the People | Vision5
(Justin Deschamps) What kind of world could we create if we used modern technology to reform civilization? How could a decentralized system better serve the people? Could we finally put an end to widespread corruption, institutionalized oppression, and hardship?
Globalists (Deep State) Are Bringing Their One World Currency Plans Out Into The Open
(Brandon Smith) People often ask me when they should begin to worry about the agenda for the “global economic reset” and the controlled demolition of the economy? If economic collapse is a process rather than an event, at what point in the process will we start to feel direct consequences?
Oregon Bill Would Create Banking Alternative for Cannabis Industry, Bypass Federal Reserve
(Michael Maharrey) A bill filed in the Oregon House would establish limited state-chartered banks to serve the cannabis industry. Final passage of this legislation would remove a major federal roadblock in front of the developing industry in the state and further nullify federal prohibition in practice. Rep. Pam Marsh (D) and Rep. Ken Helm (D) introduced House Bill 3169 (HB3169) on Feb. 28. The legislation would create a self-contained, state chartered banking system for the cannabis industry in Oregon.
We Have Spent $32 Million Per Hour on War Since 2001
(Stephanie Savell) This March marked the 16th anniversary of the U.S.-led invasion of Iraq. In 2003, President George W. Bush and his advisers based their case for war on the idea that Saddam Hussein, then dictator of Iraq, possessed weapons of mass destruction — weapons that have never been found. Nevertheless, all these years later, Bush’s “Global War on Terror” continues — in Iraq and in many other countries.
The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars
(Michael Snyder) The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it. According to the U.S. Treasury, the federal government is currently 22 trillion dollars in debt, and that represents the single largest debt in the history of the planet.
Wall Street Red Flag: An Indicator That Has Predicted Every Recession In The Last 50 Years Just Got Triggered
(Michael Snyder) If the bond market is correct, the U.S. economy is definitely heading into a recession. Over the past 50 years, there have been six previous occasions when the yield on three-month Treasury bonds has risen above the yield on ten-year Treasury bonds, and in each of those instances a recession has followed.
Just Before The Great Recession, Mountains Of Unsold Goods Piled Up In U.S. Warehouses – And Now It Is Happening Again
(Michael Snyder) When economic conditions initially begin to slow down, businesses continue to order goods like they normally would but those goods don’t sell as quickly as they previously did. As a result, inventory levels begin to rise, and that is precisely what is happening right now.
12 Statistics That Prove That The U.S. Is Facing A Consumer Debt Apocalypse
(Michael Snyder) In the entire history of the United States, consumers have never been in so much debt. And that would not be a crisis as long as the vast majority of us were regularly making our debt payments, but as you will see below delinquency levels are starting to rise to extremely alarming levels.
The Economic Argument for a Carbon Tax Is a Work of Fiction
(Robert P. Murphy) We live in strange times indeed when an environmental reporter for The New York Times writes that we should stop pushing for a carbon tax, just a few weeks before dozens of distinguished economists sign a letter to the Wall Street Journal calling for a carbon tax. Yet despite the prestige behind the impressive list of signers, the […]
GLOBAL RESET NEWS: This is Why Central Banks Are Now Hoarding Gold
GLOBAL RESET NEWS: This is Why Central Banks Are Now Hoarding Gold
5 Legal Strategies To Reduce Your Tax Burden
(Nicholas West) While people feel compelled to continue debating the government shutdown, the reality remains that tax collection is expected to continue uninterrupted. The old maxim that the two great inescapable realities are death and taxes should come as an affront to the liberty-minded, however. The mandatory payment of taxes is as unnatural as death is natural, and is a human construct that is a historically recent phenomenon.
On Top Of Numerous Other Benefits, Industrial Hemp Found to Clean Up Radioactive Waste
(Ministry of Hemp) Add this to the many uses for our favorite plant: Industrial hemp can actually remove toxins from the soil.
How The Federal Reserve Quietly Bankrupted The US Pension System
(Stephanie Pomboy) Actions have consequences. Even for the Fed.
It Begins: Russia, China, and India Are Now All Dumping the US Dollar
(RT News) Economic sanctions, endless wars, and dirty politics has major countries ditching the US dollar in a hurry—which will not end well for the US.