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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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Unfunded Promises

July 2, 2018

Unfunded Promises In describing the global debt train wreck these last few weeks, I’ve discovered a common problem. Many of us define “debt” way too narrowly. A debt occurs when you receive something now in exchange for a promise to give something back later. It doesn’t have to be cash. If you borrow your neighbor’s […]

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The Next Recession May Be A Complete Reset Of All Asset Valuations

May 31, 2017

The Next Recession May Be A Complete Reset Of All Asset Valuations Sometime this year, world public and private plus unfunded pensions will surpass $300 trillion. That is not even counting the $100 trillion in US government unfunded liabilities. Oops. These obligations cannot be paid. A time is coming when the market and voters will […]

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Obama’s Latest Whopper—-Let’s Raise Social Security Benefits!

June 4, 2016

Obama’s Latest Whopper—-Let’s Raise Social Security Benefits! The U.S. has approximately $80 trillion of unfunded liabilities for social security, medicare and other entitlements sitting atop a work force that is rapidly aging and an economy that is lapsing into stasis. Yet in the midst of a campaign diatribe about Donald Trump’s alleged lack of preparation for the highest office […]

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$3 Trillion Black Hole Could Destroy Economy: “True Extent of Pension Problem Has Been Obscured”

April 12, 2016

$3 Trillion Black Hole Could Destroy Economy: “True Extent of Pension Problem Has Been Obscured” Yet another reason why taxes are going up,  cities and states are going broke, and the world is approaching financial implosion… As if the world needed another dangerous and volatile factor in the mix of looming economic downturn. Unfunded liabilities […]

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The Most Devious Liars in the Room

November 5, 2015

The Most Devious Liars in the Room There were a few different stories coming out over the last few days that reveal the true nature of government and the apparatchiks who use disinformation, devious machinations, fraudulent accounting, and taxpayer money to cover up their criminality, lies, and the true state of the American economy. The […]

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Biderman Blasts “Either Obama Is Ignorant, Or He Is Hiding The Truth” | Zero Hedge

October 28, 2014

Biderman Blasts “Either Obama Is Ignorant, Or He Is Hiding The Truth” | Zero Hedge. According to the official government data, the United States asserts its future obligations, as of Q2 2014, are $16.5 trillion. However, TrimTabs founder Charles Biderman says that is wrong, the actual figure of the country’s future obligations, which is $98 […]

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Olduvai IV: Courage
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