Janet Yellen Said What?
• LinkedinTalk about kicking the can down the road, the current administration has left the U.S. fiscal house in a precarious state.
Contents Pages by Subject
Economy - Economics USA
LONDON FALLING: DEBT/ GDP HITS
• LinkedinUK LONG BOND YIELDS rising to highest levels since 1990s. Major sell off in debt markets last week. Record issuance.
House Republicans Weigh Sweeping $5.7 Trillion In Spending Cuts To Fund Trump's Domestic Agenda
• https://www.zerohedge.com, by Tyler DurdenIn a bold and controversial fiscal gamble, House Republicans are circulating a "menu" of proposed spending cuts totaling almost $6 trillion over the next decade.
Biden uses loophole for defiant last act on student loans - as total forgiveness cost...
• https://www.dailymail.co, By AP and DANIEL JONESBiden uses loophole for defiant last act on student loans - as total forgiveness cost hits $183 billion
Urgent warning to Americans as key economic indicator hits highest level since 2008 financial crisis
• https://www.dailymail.co, By DANIEL JONESUS corporate bankruptcies hit their highest level since the 2008 financial crisis - as Americans tighten their belts.
Macy's And Kohl's Announce Closures Of 93 Stores In Total
• https://www.zerohedge.com, by Naveen AthrappullyRetail chains Macy's and Kohl's are set to shut down nearly 100 stores across the country, with the decision following several quarters of negative year-over-year revenue growth.
United States Is Crippling Itself With Climate Change Regulations, China Is Not
• https://www.zerohedge.com, by Mike FredenbergMaintaining a strong military requires a strong economy.
David Stockman on Fartcoin, Greenland and the Coming Financial Crash…
• https://internationalman.com, by David StockmanWe surely are not surprised. Donald Trump is off to an exceedingly bad start, chasing hobgoblins by the name of Canada, Greenland and Panama.
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
• https://www.nbcnews.com, By David IngramMusk previously said his Department of Government Efficiency would be able to recommend cuts to the federal budget of "at least $2 trillion."
The Failure and Fallacy of Central Planning
• Jacob Hornberger - FFFSo, how does one reconcile the principle of a presidentially managed economy with a genuine free-enterprise system? One doesn't. They are opposites. By its very terms, a presidentially managed economy violates the principle of economic activity tha
How 'the mother of all bubbles' will pop
• https://www.ft.com, Ruchir SharmaIt's time to bet against American exceptionalism
NEW: Joe Biden Announces Another $500 Million in Military Aid to Ukraine as California Burns
• https://www.thegatewaypundit.com,by Cristina LailaOn Wednesday, Joe Biden, the alleged president, announced another $500 million in military aid for Ukraine as Los Angeles burns to the ground.
The five states Americans are fleeing in droves - and why
• https://www.dailymail.co, By ALICE WRIGHTMillions of Americans relocated to a different state last year, but some places saw more residents fleeing much more than others.
Anti-Crypto Federal Reserve Governor Michael Barr Resigns
• https://currencyinsider.com, by CURRENCY INSIDERMichael S. Barr, the Vice Chair for Supervision at the Federal Reserve, announced he is resigning from this role today. Barr will no longer fill this third-ranking position on the Board of Governors, but he intends to remain at the Fed until further
How To Survive "The Great Taking" in 2025
• https://internationalman.com, by Nick GiambrunoIt's a "scheme of central bankers to subjugate humanity by taking all securities, bank deposits, and property financed with debt."
Hawaii: Paradise Turned to Hell
• https://www.youtube.com, Tyler OliveiraHawaii: Paradise Turned to Hell
"America Has STOPPED PAYING ITS BILLS!" | Robert Kiyosaki's Last WARNING
• FREENVESTING - YouTube.com
44 Statistics From 2024 That Are Almost Too Crazy To Believe
• https://www.zerohedge.com, by Michael Snyder2024 was definitely one of the wildest years that any of us have ever experienced.
Analysis: Ripple's stablecoin approved says CEO Garlinghouse
• https://currencyinsider.com, by Currency InsiderRipple's CEO Brad Garlinghouse said yesterday that the New York Department of Financial Services (NYDFS) has approved its stablecoin US dollar RLUSD, resulting in a 7% boost in the value of the XRP cryptocurrency. Ripple has not yet starting issuin
Joe Biden's fiscal time bomb is set to explode just in time time for Trump to take office
• https://nypost.com, By Charles GasparinoAs evidence keeps building that the hapless Biden administration couldn't end fast enough, there's also evidence that the first Trump presidency of strong growth and low inflation pre-COVID won't return immediately.
Monetary Malaise: Why Voter Dissatisfaction Won't Trigger a Revolution in the Fed's Policies
• https://www.schiffgold.com, Guest CommentariesAs the installation of President-elect Trump approaches, Trump loyalists are clamoring for him to fulfill his campaign promises, especially those related to tariffs and immigration reform.
Will The Debt Hit $50 Trillion Under Trump?
• https://www.youtube.com, RonPaulLibertyReportAs the emotions of last year's election fade away, homeostasis is kicking in. The pull of the status quo gets stronger with each passing day. The results of the election were crystal clear.
Credit Card Defaults Surge to the Highest Level Since the Great Recession
• https://mishtalk.com, By MishCredit card defaults are up 50 percent from a year ago.
Bracing for the US-China trade war to come
• https://asiatimes.com, by Nigel GreenChina's latest export controls on 28 US companies shows Beijing is willing to fight Trump's fire with fire
Too Big to Care and the Illusion of Choice
• https://www.lewrockwell.com, By Charles Hugh SmithIn a functional economy with real competition and transparency, every one of these cartel-corporations would be driven out of business by their 'too big to care' incompetence.
Time to Rip Off the Band-Aid
• LewRockwell.com - Schiff GoldThis interview is a great recap of the most important events of 2024, and Peter Schiff offers his perspective on what 2025 will hold for the economy.
Gold In 2025? Tragically Predictable
• https://www.zerohedge.com, by Matthew PiepenburgAnother year is ending, which means it's time to look back in order to better look forward.
On The Way Out The Door, Biden Is Emptying The Coffers
• https://www.zerohedge.com, by Lawrence McDonaldThe Legendary "W" Games
Bank regulator gives BlackRock January deadline on bank stakes
• https://www.msn.com, by Suzanne McGeeThe U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement that would allow the agency to step up scrutiny of its investments in FDIC-regulated banking institutions, according to a pers
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2024-12-30 -- Ernest Hancock & John Sneisen on economic and market conditions; predictions (MP3&4)
Program Date:John Sneisen (The Economic Truth) comes on the show to discuss economic and market conditions, precious metals, cryptos, 2025 predictions, Canada and U.S. relations, tariffs, etc...
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