Almost Half Of US States Are Officially Broke
Tax revenue growth, while still positive, has slowed markedly over the past three years.
Tag: Economic Crisis
Oil falls toward $65 on signs of U.S. shale oil recovery
Rigs for drilling oil in the voluminous Permian shale basin rose for the first time this year after months of cutbacks.
War Threat Rises As Economy Declines
Washington’s aggression and blatant propaganda have convinced Russia and China that Washington intends war.
Feds Extort Low-Income Individuals to “Help the Poor”
For example, rent control does little for the poor beyond a few lucky individuals.
Kansas No Longer Leads Nation In Wheat Production
National Agricultural Statistics Service show drop.
Feds set tax haul record: $472B in one month
Big government’s failure on display.
Seven Changes Needed in Baltimore and Ferguson Right Now
Civil unrest linked to Federal Reserve, fractional banking.
Financial Warfare and the Declining Dollar
Global demand for the dollar collapsing.
Bank Reserves and Loans: The Fed is Pushing On a String
It can’t (yet) force us to borrow money we don’t want or need.
The Texas Job Recession Is Now Literally “Off The Chart”
Job recession in Texas has not been this bad since the last of the second Great Depression.
Chinese Company Moves To Replace 90% Of Its Workforce With Robots
A major adjustment for hundreds of millions, if not billions, of people.
Military Site’s Forecast for 2025: Economic Collapse Will Lead to Massive 78% Depopulation in America
It effectively could throw the U.S. back into an age of agriculture.
Dow Jones Industrial Average Drops 100 Points As Microsoft Corporation And Apple Inc Fall 1%
Stocks and private sector jobs drop.
“Perfect Competition” and Antitrust
It is the dynamic emergence of new products and new markets that create true competition and prevent the creation of effective monopolies.
Global oil price highest this year
“There’s plenty of producer hedging going on as well, and those production levels are not going to come down if demand projections are not met.”