Archive for the 'Economy' Category
U.S. Debt Exceeds 100% of GDP for the First Time Since World War II
July 13th, 2026Via: Lew Rockwell: The United States has crossed a milestone that Washington has spent decades pretending would never arrive. Federal debt held by the public has now exceeded 100% of GDP for the first time since the aftermath of the Second World War. According to the latest government data, debt held by the public reached […]
New York: Adult Day Care Fraud
July 11th, 2026Via: Nick Shirley:
U.S. Strikes Iran In Retaliation For Multiple Attacks On Shipping In Strait Of Hormuz Over Last 24 Hours
July 7th, 2026Via: The War Zone: U.S. Central Command (CENTCOM) announced that its forces have launched “a series of powerful strikes against Iran to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway.” The U.S. strikes “are in response to Iranian attacks on three commercial vessels that were transiting […]
Canadians Are Leaving At The Fastest Pace In 74 Years
July 6th, 2026Via: Better Dwelling: Canadians continue to flee in record volumes, in a trend that’s picking up, not plateauing. Statistics Canada (StatCan) data shows emigration—when citizens or permanent residents move abroad—climbed again in Q1. Canadians are now leaving at the fastest pace in 74 years of records.
Overvaluation of U.S. Stocks Has Surpassed Level Before 1929 Crash
July 6th, 2026Via: Telegraph: The overvaluation of US stocks has now surpassed the level that brought the stock market crashing down in 1929. At a rating more than double that of their British and European counterparts, and the highest since the peak of the dotcom bubble, US equities are in for a hairy decade. That is the […]
Trump Declares National Emergency Over Fertilizer Supplies
July 4th, 2026Via: AgWeb: After years of pressure from corn growers and other farm groups who argued phosphate fertilizer tariffs have added billions of dollars to production costs, the Trump administration is temporarily suspending duties on phosphate fertilizer imports from Morocco. President Donald Trump on Monday declared a national emergency over fertilizer supplies and signed a proclamation […]
Trump on Cupcakes and His Children Having Insider Information
July 4th, 2026Via: CNBC: “I feel badly in a way for my kids… Anything they do, because the presidency is so powerful, so big… if they buy a cupcake company, well, the energy to make the cupcakes, is you know, sort of like, ‘How’s my energy policy?’ So, therefore you have a conflict… Almost anything they do, […]
“AI Boom Risks Global Financial Crash, Warn Central Bankers”
June 28th, 2026Via: Telegraph: Substantial debt-fuelled spending on AI is driving up the risk of a global financial crisis, central bankers have warned. The Bank for International Settlements (BIS) said on Sunday that “excessive” spending on new AI data centres and opaque, debt-fuelled transactions risked a financial meltdown similar to the global credit crunch nearly two decades […]
The One About Space Based Data Centers
June 27th, 2026Via: Real Engineering: Related: SpaceX AI Satellites
Iran Attacked a Cargo Ship, U.S. Attacked Iran
June 27th, 2026Via: The War Zone: After the U.S. airstrikes, Iran reiterated that it will continue to hold at risk shipping in the Strait that does not follow its rules for transit. “Iran has repeatedly stated that the situation in the Strait of Hormuz will not return to what it was before the U.S. attack on Iran,” […]
