
The Origins of U.S. Monetary Debauchery
• https://www.fff.org, by Jacob G. HornbergerOne of the unsung heroes in American history was a prominent New York City lawyer named Frederick Barber Campbell.
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One of the unsung heroes in American history was a prominent New York City lawyer named Frederick Barber Campbell.
Nominal retail sales rose 0.4 percent in April. But consumers had to spend extra money to get the same amount of goods as in March.
US consumers threw in the towel on home improvements.
Return of student loan payments the latest thorn for the troubled consumer
Following March's plunge in building permits (and drop in starts), analysts expected a mixed picture for April with starts lower again but permits unchanged.
Analysts and traders have been questioning whether the robust consumer spending trend observed early in the season would sustain, or if a slowdown in spending was imminent.
A summary of where we're at, via News Squawk:
Tim Picciott (The Liberty Advisor) on bank failures, bail ins, bail outs, precious metals, cryptos, etc...
Peter Schiff appeared on First TV's I'm Right with Jesse Kelly to talk about the state of the economy, inflation, and the unfolding financial crisis. Peter warned that we're heading straight toward Great Depression 2.0.
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As 10-year-olds are discovered working at McDonalds and child labour returns to the United States due to lobbying by Big Food – are we witnessing a society moving in reverse?
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Monday 3 AM, China Just Made Gold Money Again
The leading indicators that a major economic downward decline is growing is now too big to ignore.
EXPOSED! FED ADMITS WHAT'S COMING NEXT! - JEROME POWELL PRANKED! - BANKING COLLAPSE CONTINUES!
With China Already Owning The 'Biden Crime Family' And Huge Chunks Of America, It's Long Past Time To Break America's Walmart – Chinese Made Addiction By Shopping Local
Every headline in the financial press earlier this week says the same thing. The Fed's "Great Pause" has now commenced.
Even The Federal Reserve Is Admitting That More Than A Million Americans Could Soon Lose Their Jobs
President Joe Biden said he has considered invoking the 14th Amendment to work around the debt ceiling and avoid a government default without action from Congress but expressed concern about inviting litigation that could block the risky strategy.
Americans are deeply divided when it comes to the debt ceiling.
John Sneisen (The Economic Truth) comes on the show to discuss the economy, coming collapse, recent bank collapses and bailouts, CBDS's, cryptos, precious metals, The "Blue Wave" Propaganda Bot Network, etc...
During his post-FOMC meeting press conference, Federal Reserve Chairman Jerome Powell insisted that the US banking system is resilient and sound.
Getting Professional Help
On March 20, Chinese President Xi Jinping met with Russian President Vladimir Putin in Moscow.
This new economic downturn is starting to bite, and we are starting to see signs of severe pain all over the nation.
Last September, billionaire Ken Griffin announced he was pulling up stakes and moving Citadel--his gigantic hedge fund--from Chicago to Miami.
More people are having trouble getting food on the table, according to a recent study. While food insecurity is a growing concern in the United States, the research suggests the number of people with limited access to food is actually higher than wha
A group of 43 Republicans in the U.S. Senate said on May 6 that they "oppose raising the debt ceiling without substantive spending and budget reforms,"...
While Warren Buffett's insights on the economy are traditionally cheerful and uplifting - usually hitting at time of peak pessimism in the form of self-serving NYT op-eds or CNBC vignettes -