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3,000 US Troops Enter Gulf Region In Latest Escalation With Iran
3,000 US Troops Enter Gulf Region In Latest Escalation With Iran Two American warships with over 3,000 newly deployed US military personnel between them have entered the Red Sea, new statements confirm Monday, as part of the Pentagon’s efforts to thwart Iranian seizures of international vessels in regional waters. The US Fifth Fleet announced Monday the ships have transited […]
Normies Awake!
Normies Awake! “The West can’t do diplomacy in general, it can’t run its cities or countries except into the ground, its high-tech projects fail almost as a rule, its infrastructure is crumbling, its economies are crumbling, and all public policies seem to have a civilizational suicide as a final goal.” — Gaius Baltar So-called […]
Endgame: US Federal Debt Interest Payments About To Hit $1 Trillion
Endgame: US Federal Debt Interest Payments About To Hit $1 Trillion There was a shocking number in today’s latest monthly US Budget Deficit report. No, it wasn’t that US government outlays unexpectedly soared 15% to $646 billion in June, up almost $100 billion from a year ago… … while tax receipts slumped 9.2% from $461 billion […]
When in Rome
When in Rome Over its last one hundred years, the State steadily devalued the currency by 98% The high cost of government—particularly, growing entitlements and perpetual warfare, coupled with a diminished number of taxpayers, led the government to massive debt, to the point that it could not be repaid. Those citizens that were productive began […]
The US Banking System Is Sound?
The US Banking System Is Sound? Treasury Secretary Janet Yellen keeps insisting that the banking system is “sound.” Is it though? Because it doesn’t look particularly sound. In fact, we just witnessed the second-largest US bank failure ever. Government regulators seized control of First Republic Bank over the weekend and sold the majority of the […]
America’s empire is bankrupt
America’s empire is bankrupt The dollar is finally being dethroned Let’s start with the basics. Roughly 5% of the human race currently live in the United States of America. That very small fraction of humanity, until quite recently, enjoyed about a third of the world’s energy resources and manufactured products and about a quarter of […]
Time to trash Triffin
Time to trash Triffin The dollar-based credit bubble is imploding, and emerging economies are seeking protection by accepting trade settlement in other currencies. The US policy of threatening regime change, currency destabilisation, or other means of ensuring nations remain in its sphere of influence are now failing. Mainstream economists in the West insist the dollar […]
Franklin D. Roosevelt’s Gold Heist
Franklin D. Roosevelt’s Gold Heist Yesterday (April 5) marked the anniversary 0f the signing of Executive Order 6102 by President Franklin D. Roosevelt. It was touted as a measure to stop gold hoarding, but it was in reality, an attempt to remove gold from public hands. Many people refer to EO-6102 as a gold confiscation […]
BRICS Nations Developing “New Currency” as Quest for Global De-Dollarization Accelerates
BRICS Nations Developing “New Currency” as Quest for Global De-Dollarization Accelerates China and Brazil recently finalized a trade deal in their own currencies completely bypassing the dollar, but that’s not the only bad news for the world’s reserve currency. Last week, a Russian official announced that the BRICS nations are working to develop a “new currency,” […]
“Worst Since Lehman”: Banks Break The World Again
“Worst Since Lehman”: Banks Break The World Again Last week we detailed BofA’s Michael Hartnett’s warning that “The Fed will tighten until something breaks”. Well, something just broke… SVB’s collapse – the second biggest US bank failure in history – dominated any reaction to this morning’s mixed bag from the BLS (hotter than expected earnings growth, rising unemployment (especially […]
The Top 3 Reasons the US Has Entered the Inflation Death Spiral
The Top 3 Reasons the US Has Entered the Inflation Death Spiral Rapidly rising food, housing, medical, and tuition prices are squeezing Americans, and many do not understand the real cause of their falling living standards. That confusion opens the door for opportunistic politicians who promise supposed freebies to ease the pain of inflation. Many, […]
America’s Largest Power Grid Faces Worsening Reliability Risks
America’s Largest Power Grid Faces Worsening Reliability Risks A new report reveals the US’ largest power grid is shuttering power generation units faster than new supply can be brought online, threatening electric reliability in 13 states that stretch from Illinois to New Jersey with over 65 million customers. PJM Interconnection published a new study Friday that examines […]
Comer Launches Probe into State Department’s Alleged Funding of Group Blacklisting Conservative Media ‘Under the Guise of Combatting Disinformation’
Comer Launches Probe into State Department’s Alleged Funding of Group Blacklisting Conservative Media ‘Under the Guise of Combatting Disinformation’ Rep. James Comer (R-Ky.), chairman of the House Oversight and Reform Committee, delivers remarks during a hearing in the Rayburn House Office Building in Washington, on Feb. 01, 2023. (Anna Moneymaker/Getty Images) House Oversight Chair James […]
China Report Excoriates ‘US Hegemony’, War Crimes, CIA Coups 400 Foreign Interventions
China Report Excoriates ‘US Hegemony’, War Crimes, CIA Coups 400 Foreign Interventions China’s Foreign Ministry published a lengthy report condemning “US hegemony” and its crimes around the world, including wars with millions of victims, coups and “regime change” against elected leaders, and 400 foreign military interventions. Photo obtained via Flickr The Chinese government has published a […]
