Manchin Calls White House Stand to Not Negotiate With Republicans on Debt Ceiling a...
Democratic Sen. Joe Manchin of West Virginia said on Sunday that it’s a “mistake” that the White House won’t negotiate with Republicans on the debt ceiling limit.
Leading US Economic Indicator Falls for 10th Straight Month, Suggesting Recession Soon
Key indicator gauging health of American economy fell for tenth straight month in Dec, exceeding forecasts and suggesting a potential recession months ahead.
US Reaches Debt Ceiling, Forcing Treasury Into ‘Extraordinary Measures’
U.S. has officially reached its statutory debt limit of $31.381 trillion on Jan. 19 as was predicted by Sec. Janet Yellen in a letter to Congress on Jan. 13, 2023.
McCarthy Rejects White House Demand for ‘Clean’ Debt Ceiling Hike
Kevin McCarthy rejected Biden’s demand that Congress increase debt ceiling without attaching any conditions such as spending cuts that Republicans are demanding.
Getting Priced Out Of The American Dream Of Home Ownership – Is The Crash...
A year ago, mortgage rates set record lows as home prices soared. Now, interest rates are near 7%, while home prices have jumped in some places by 40% since 2020.
Kevin McCarthy: Debt Limit Should Be Treated ‘Like Our Own Household’
Kevin McCarthy previewed Republicans’ strategy regarding handling the U.S. debt limit after Janet Yellen warned that the limit will be reached next week.
Global Debt Leverage: Is a Great Reset Coming?
Three hundred trillion dollars is the record debt which global governments, households, financial corporates and nonfinancial corporates owed in June 2022.
New Heritage Analysis Finds Average American Family Is Effectively $7,400 Poorer Under Biden
Lost purchasing power combined with falling real wages, has caused the average American family to lose $7,400 in annual income since Biden took office.
Is the Fed Trying to Wean Markets Off Monetary Policy?
The Fed however, may be attempting to implement a contrarian, controlled demolition of the U.S. bubble-economy through interest rate increases. ~ Alastair Crooke
Zoltan’s Year-End Masterpiece: Dusk For The Petrodollar, Dawn For The Petroyuan And The Coming...
Earlier this month, former NY Fed repo guru Zoltan Pozsar wrote one of his most important reports of 2022, in which he described how Putin could...
2022: A Year of Economic Pain
Americans endured year of economic misery in 2022. It was an economic “Annus Horribilus” and points to further pain ahead unless aggressive policy reforms begin.
Paying Americans Not to Work
A Family of Four Can Receive over $100,000 Annualized Equivalent in Cash and Benefits in Three States, And over $80,000 in 14 States, with No One Working.
