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Tag Archives: united states
It Doesn’t Matter What You Think, Reality Is What It Is
It Doesn’t Matter What You Think, Reality Is What It Is It doesn’t matter what you think, the reality we face is what we are seeing here on the ground. Reality is what it is and our government will as usual muddle through with poorly thought out politically correct solutions geared to kick the can […]
Here Comes The Wave: Loan Defaults Hit 6 Years High
Here Comes The Wave: Loan Defaults Hit 6 Years High Two weeks ago, when looking at the recent flurry of chapter 11 filings and a striking correlation between the unemployment rate and loan delinquencies, we said that a “biblical” wave of bankruptcies is about to flood the US economy. It now appears that the wave is […]
Week 9 of the Collapse of the U.S. Labor Market: Still Getting Worse at a Gut-Wrenching Pace
Week 9 of the Collapse of the U.S. Labor Market: Still Getting Worse at a Gut-Wrenching Pace Federal Pandemic Unemployment Assistance (PUA) for gig workers doubles initial claims under state programs. Here are the “Insured Unemployment Rates” for each of the 50 states & DC. The moment the unemployment crisis stops getting worse and bottoms out […]
How To Understand All This China Stuff
How To Understand All This China Stuff China is in the news every day now. Today here in Australia we’re pretending to be offended because a Chinese tabloid published the accusation that our nation is a “giant kangaroo that serves as a dog of the US”, even though we all know that’s completely true and we should be flattered that at […]
10 Numbers That Show The U.S. Has Fallen Into A Horrifying Economic Depression
10 Numbers That Show The U.S. Has Fallen Into A Horrifying Economic Depression The last recession was really, really bad, but it was never like this. It is time for us to face reality, and that means admitting that the U.S. economy has plunged into a depression. This is already the worst economic downturn that […]
The Coming Nuclear Menace: Hypersonic Missiles
The Coming Nuclear Menace: Hypersonic Missiles Photograph Source: David James Paquin (attributed) – Public Domain The United States is seeking to acquire “volumes of hundreds or even thousands” of nuclear-capable hypersonic missiles that are “stealthy” and can fly undetected at 3,600 miles per hour, five times faster than the speed of sound. Why so many? […]
Federal Government Buys Riot Gear, Increases Security Funding, Citing Coronavirus Pandemic
Officers wearing riot gear line the edge of the California state capitol grounds after removing protesters on May 1, 2020. Photo: Carolyn Cole/Los Angeles Times/Getty Images FEDERAL GOVERNMENT BUYS RIOT GEAR, INCREASES SECURITY FUNDING, CITING CORONAVIRUS PANDEMIC THE FEDERAL government has ramped up security and police-related spending in response to the coronavirus pandemic, including issuing contracts for […]
States Are Now Wrestling With The Biggest Budget Crisis They Have Faced In All Of U.S. History
States Are Now Wrestling With The Biggest Budget Crisis They Have Faced In All Of U.S. History Most U.S. states are seeing tax revenues completely and utterly collapse during this COVID-19 pandemic, and some are already begging the federal government for bailout money. Because if dramatic intervention does not happen, many states are going to […]
USGS says Powder River Basin has 35 years of coal left, not 250
USGS says Powder River Basin has 35 years of coal left, not 250 Preface. The USGS did a survey of coal in the U.S. in 1974 and announced that America had 250 years of coal left. In 2007, the National Research Council wrote a report suggesting 100 years was more likely due to “a combination […]
Why Trump Is Desperate To Secure This Rare Metal
Why Trump Is Desperate To Secure This Rare Metal While the United States is slowly working towards ending the lockdown and restarting the economy, the federal government is quietly fighting a second war with China over critical metals. One of those critical metals in particular is the extremely rare key to global technological dominance because […]
From Overstretch to Collapse
From Overstretch to Collapse In less than three decades, a mere blink of the eye in historical terms, the United States has gone from the world’s sole superpower to a massive foundering wreck that is helpless before the coronavirus and intent on blaming the rest of the world for its own shortcomings. As the journalist […]
U.S. Oil Companies Are Cutting Production Much Faster Than Expected
U.S. Oil Companies Are Cutting Production Much Faster Than Expected The United States is on track to cut 1.7 million barrels of oil production per day, according to Reuters calculations of state and company data shared on Thursday. It was U.S. President Donald Trump that suggested at the beginning of April, prior to the most recent OPEC deal signing […]
Visualizing America’s Energy Use, in One Giant Chart
Visualizing America’s Energy Use, in One Giant Chart Have you ever wondered where the country’s energy comes from, and how exactly it gets used? Well now, thanks to Visual Capitalist’s Jeff Desjardins, we have the answer as The Lawrence Livermore National Laboratory (LLNL) crunches the numbers every year, outputting an incredible flow diagram that covers the broad […]
US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse
US To Remove Patriot Missile Protection From Saudi Arabia Amid Oilpocalypse Petrodollar panic? As tensions between OPEC (cough – the Saudis – cough) and Washington rise over the supply (and price) of oil globally amid a pandemic-driven demand collapse, it would appears President Trump may have just gone ‘nuclear’. “…there will be blood.” The Wall Street Journal […]
US National Debt Spiked by $1.5 trillion in 6 Weeks, to $25 trillion. Fed Monetized 90%
US National Debt Spiked by $1.5 trillion in 6 Weeks, to $25 trillion. Fed Monetized 90% I’d never imagined I’d ever see this sort of spike, though in recent years I added an upward arrow with “Debt out the wazoo” to my charts, not realizing just how factually accurate this technical term would become. The […]
