ECONOMICS

Authored by Michael Lebowitz via RealInvestmentAdvice.com,

Since the pandemic-related bazooka of fiscal stimulus, the outstanding Federal debt has risen appreciably. In nominal dollar terms, the recent debt surge is mindboggling. However, the increase is on par with the government’s negligent ways over the last fifty years.

The red bars show the percentage increase in debt starting in 1966. The bars reset to zero every time they hit 50%. The numbers to the left of each series of bars (more…)

With the US national debt at $34 trillion and climbing, USD reserve status under pressure, inflation destroying standards of living, and the Biden administration stoking costly war on several fronts, perhaps it's time for more thoughts on the Roman empire.

In a Tuesday thread posted to X, user 'Culture Critic' (@Culture_Crit) posted a deep dive into the unraveling of the Rome in the 3rd century. Let's jump in;

Continued…

When Augustus slowed the (more…)

Authored by Tom Ozimek via The Epoch Times (emphasis ours),

Goldman Sachs CEO David M. Solomon is the latest business leader to sound the alarm on the Biden administration’s deficit spending, which comes as the cost of making interest payments on America’s ballooning government debt has exceeded spending in both the critical sectors of defense and Medicare.

“I think the level of debt in the United States [and] the level of spending is something that we need a sharper focus on (more…)