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Endgame: US Federal Debt Interest Payments About To Hit $1 Trillion

July 14, 2023

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 […]

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The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars

March 29, 2019

The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars 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 […]

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FedEx Is Talking As If A Global Recession Has Already Begun – And The Numbers Back That Up

March 20, 2019

FedEx Is Talking As If A Global Recession Has Already Begun – And The Numbers Back That Up “Slowing international macroeconomic conditions” is just a fancy way to say that the global economy is in big trouble.  For months, I have been warning that economic conditions are deteriorating, and we just keep getting more confirmation that […]

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As The Economy Teeters On The Brink Of A Recession, U.S. Debt Levels Are Absolutely Exploding

March 6, 2019

As The Economy Teeters On The Brink Of A Recession, U.S. Debt Levels Are Absolutely Exploding We now have official confirmation that the U.S. economy has dramatically slowed down.  In recent days I have shared a whole bunch of numbers with my readers that clearly demonstrate that a new economic downturn has begun.  And even though stock […]

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The Most Depressing Stat Of The Month: The U.S. National Debt Is About To Pass The $22 Trillion Mark

February 8, 2019

The Most Depressing Stat Of The Month: The U.S. National Debt Is About To Pass The $22 Trillion Mark The U.S. national debt is wildly out of control, and nobody in Washington seems to care.  According to the U.S. Treasury, the federal government is currently $21,933,491,166,604.77 in debt.  In just a few days, that figure […]

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$100 Increase In Monthly Mortgage Payment Would Sink 75% Of Canadian Homeowners

May 24, 2017

$100 Increase In Monthly Mortgage Payment Would Sink 75% Of Canadian Homeowners According to a new survey from Manulife Bank, nearly 75% of Canadian homeowners would have difficulty paying their mortgage every month if their payments increased by as little as 10%.  And, given that the average house in Canada costs roughly $200,000 and carries […]

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Japan projects to spend 43% of tax revenue just to pay interest on the debt

March 5, 2015

Japan projects to spend 43% of tax revenue just to pay interest on the debt It’s entirely possible that we may see interstellar space travel in our lifetime. And what a dream that would be. But in the meantime, for anyone that’s losing patience with space technology, I would recommend you visit Japan. Because for […]

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