Budget problems haven't changed for a year: the debt ceiling, Ukraine, and the Border. Israel is logically a distinct issue but is lumped with Ukraine. A partial government shutdown looms on January 19.
One year ago, when looking at the 20 most popular stories of 2022, we said that the year would be a very tough act to follow as the sheer breadth of stories, surprises, plot twists and unexpected developments made 2022 the most memorable year yet in
"Banking was conceived in iniquity and born in sin… Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back."~ Josiah Stamp
International Man: As we approach the end of the year, let's take a step back, look at the Big Picture, and put 2023 into perspective so we can better understand what may come next.
Last year at this time, 85% of economists in one poll predicted a recession this year -- and that was an optimistic take compared to the 100% probability of a recession forecast two months earlier.
The image above may be considered by some as unfair, as it suggests that taxation is a form of robbery. Well, let's check the dictionary for a definition:
Against the backdrop of high inflation rates and geopolitical uncertainty, states are increasingly enacting measures that encourage saving in precious metals and even using gold and silver as money.
The Biden administration and the corporate media are telling us over and over that the economy is just fine, but the term "silent depression" has been going viral on TikTok.
• https://www.zerohedge.com, by Charles Hugh Smith
Speculation has its own expiration dynamics, and they don't depend on us recognizing speculative excess for what it is. They will unravel the excesses regardless of what we think, hope or deny.
Newsweek: House prices are in "freefall" in dozens of major US cities, with new buyers -- often young families -- losing in some between $70,000 and $122,000.
The FTC's current lawsuit against Amazon is a perfect example of the statist mentality that undergirds antitrust laws. Amazon is an enormously big and hugely successful business enterprise.
Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years.
An interesting article by Penn Wharton, University of Pennsylvania, says the limit of debt as a percentage of GDP is about 200 percent, When does that happen?
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