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Corporate bankruptcies are edging back up after a two-year lull as pressures in the economy grow, a situation sure to worsen if the nation's political leaders fail to reach a deal to prevent the government from defaulting on its debt.
Alex Jones issues a dire message to Americans in this Tuesday transmission of The Alex Jones Show, warning about the globalist agenda to eventually collapse the economy down the road.
United States President Joe Biden expressed opposition to a debt ceiling agreement with Republican leaders that would allegedly benefit crypto traders.
The White House and GOP negotiators plan to meet again on Tuesday at 11 a.m. ET to continue negotiations on a months-long impasse over raising the nation's $31.4 trillion debt ceiling before a default occurs.
State, U.S., World, Time Machine Debt Clocks
When the smoke finally clears, President Biden's Ukraine debacle will go down – along with Afghanistan and Iraq – as one of the greatest foreign policy disasters in US history. Hundreds of thousands have been killed on both sides in the service
Prof. Michael Hudson's new book, The Collapse of Antiquity: Greece and Rome as Civilization's Oligarchic Turning Point" is a seminal event in this Year of Living Dangerously when, to paraphrase Gramsci, the old geopolitical and geoeconomic orde
The debt ceiling discussions in Washington may well be help President Biden's secret domestic agenda but it is hampering on of his foreign policy aims.
During the current debt-ceiling crisis, one thing should be painfully clear to everyone:
Thanks to rising yields, the US government now has to spend more each year on servicing its immense debt burden than it spent on national defense in 2022.
-While Receiving $23 Billion In Federal COVID-19 Aid
A summary of where we're at, via News Squawk:
...and will rise to $1.1 trillion next year
The current known federal debt is $31.7 trillion according to the web site, US Debt Clock, which is about $94,726 for every man, woman, and child who are citizens as of April 24, 2023.
The Fed's fight has become much more complex this month.
Last week, President Biden reiterated his willingness to negotiate over the budget but not the debt ceiling. It's a lie.
Gavin Newsom reveals California's budget deficit is $10 BILLION higher than he predicted as it soars to $32 billion - as Republicans slam him for 'dangerous... fiscal gimmicks'
JPMorgan Chase CEO Jamie Dimon said Thursday that markets will be gripped by panic as the U.S. approaches a possible default on its sovereign debt.
Americans are deeply divided when it comes to the debt ceiling.
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.
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,"...
California's recent decision not to pay back some $20 billion borrowed from the federal government to cover unemployment benefits during the pandemic will fall on the shoulders of employers, according to experts
"Taxpayers Pay The War Bills, Private Firms Get The Profits"
International Man: The US federal government has raised the so-called debt ceiling 104 times since 1944. Shouldn't they call it a debt target instead of a debt ceiling? Is this whole thing a farce?
Why do our politicians insist on showering other countries with money when our own communities are degenerating into rotting, decaying hellholes right in front of our eyes?
The U.S. Space Force's $30 billion budget request for Fiscal Year 2024 is about $3.9 billion over what was enacted for the service in FY2023. More than 60% of the Space Force budget, about $19.2 billion worth, is aimed at research, development, tes
Last week the House passed legislation increasing the debt ceiling. The bill was supported by all but four Republicans.
The looming U.S. debt default just got, like objects in the rear view mirror, closer than it had appeared -- with Janet Yellen saying the U.S. could run out of money on June 1 without debt ceiling action in Congress.
Dr. Jordan B. Peterson and economist Peter Schiff discuss the gold standard, the corruption and impending failure of the fiat system in the wake of inflation, why politicians are pushing inflation to astronomical new levels, and why they're lying a
Joe Biden finally caved and agreed to meet with House Speaker Kevin McCarthy to discuss the debt limit.
