While we cannot say precisely when the economic crash will occur, we do know that it is coming. And last week Congress pounded down on the accelerator.
We are told that the US economy is experiencing unprecedented growth, while at the same time the Fed is behaving as it does when we are in recession by cutting rates…and dodging insults from the President because it's not cutting fast enough. This is not economic policy – it's schizophrenia!
But that's only the beginning.
ake what they call "national defense" spending. This is the misnomer they use to try and convince us that pumping trillions into the military-industrial complex will make us safe and free. Nothing could be further from the truth: probably ninety percent of the "defense" budget is aggressive militarism and welfare for the rich.