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Faithful readers know that I saw Trump for the con man he is since he filled his first administration with CFR globalists. So, I knew he was no less a con man during his presidential campaign in 2024.
Trump: Government May Sell Fannie/Freddie Shares, Raise $30B, Cut $8T in Liabilities, Avert 2008-Style Financial Crisis
The Donald seems to be continuing his bombing campaign, albeit this time by pivoting back to the home front and taking aim at "Too Late" Jay.
Along with Trump, market watchers are salivating for rate cuts. But rates should be higher, not lower--and in a free market, they would be.
Home prices are being slashed across the US as the housing market cools -- with one city seeing them plunge almost seven percent.
...In 2025
...After Last Week's Jobs Report Released by (Fired) Biden-Appointed BLS Commissioner
--So They Will Have Enough Money To Pay Their Bills
When asked how far the US government has plunged into the red, many fiscally-conscious Americans will tell you the national debt has reached $37 trillion.
Oops, they did it again.
So How Will The "Wall Of Tariffs" Impact The U.S. Economy?
France was on the brink of its Fifth bankruptcy in 1720. France defaulted in 1558 under Henry II, following the costly Habsburg-Valois Wars (also known as the Italian Wars), the outright repudiation of debt, and currency devaluation.
Over 8,000 bank branches are expected to close worldwide in 2025. Approximately 3,200 of those closures will take place in the United States. Q1 experienced 148 net branch closures in the US, with all major banks slated to close branches throughout t
When it comes to profit per employee, Tether is the most profitable company in the world. It may even be the most profitable business in the history of business.
Did you know that U.S. households are carrying $1.18 trillion in credit card debt? Considering the fact that the average rate of interest on credit card balances is now over 20 percent, that is not good news at all.
If you want to get a really good indication of where the U.S. economy is heading, just look at what is happening in Las Vegas.
As most Zero Hedge readers already know, there's been mounting controversy over the Federal Reserve's decision to hold interest rates where they are as the rest of the world lowers rates...
Federal subsidies undermine American companies, breed dependency, and stifle competition.
So much to talk about and so little time. I will make this statement because it is relevant to the situation we all find ourselves in today:
Dear Secretary Bessent, I read with great interest your July 21 comment at the Federal Reserve Capital Conference that: "What we need to do is examine the entire Federal Reserve institution and whether they have been successful. . . "
Treasury Secretary Scott Bessent on Monday called for a "fundamental reset" of financial regulations to ensure they are aligned with the nation's domestic and international priorities.
If you ask 1,000 different Americans about the state of the U.S. economy, you will get 1,000 different opinions.
The White House announced Wednesday night that President Donald Trump will visit the Federal Reserve headquarters in Washington, D.C. Thursday afternoon.
Inflation pressures have meanwhile intensified...
Aaron Day (@AaronRDay) of the Daylight Freedom Foundation and the Brownstone Institute joins Aaron Harris and Nate Thurston to talk about crypto, the Genius Act, and the threat posed by CBDCs.
The yield on the 30-year US Treasury bond just crossed the 5.0% mark for the first time in 17 years. So it might be useful to revisit where we have been lo these many decades.
One company has been looking to one of the world's oldest professions to gauge the state of the economy--sex work.
The Falsity, Even Insanity, of Libertarianism (Neoliberalism)
China has been dumping US treasuries, while Trump has been gunning for Jerome Powell at the Fed, and central bank digital currency (CBDC) was banned by Congress.
While the world was distracted by the Epstein debacle, legislators introduced the GENUIS Act that would permit the US government to regulate stablecoins.
