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France's Debt Spiral: Tax Hikes Mask A Looming Crisis
France's Debt Spiral: Tax Hikes Mask A Looming Crisis
Submitted by Thomas Kolbe
On both sides of the Franco-German border, the same problem persists: overburdened and reform-averse politicians struggle against a rapidly accelerating debt spiral. Their preferred tool: higher levies.
Last week, France’s Finance Minister Roland Lescure reported a revision of the projected budget deficit for the current year.
Initial estimates for 2026 had suggested a deficit well above five percent. Yet numerous fiscal measures brought last year’s deficit down to 5.1%. For 2026, the Finance Ministry expects it to stabilize at around...
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Apr 8, 2026 / Tyler Durden
The Great Retreat: Beijing's Digital Currency Ambitions Are Faltering
The Great Retreat: Beijing's Digital Currency Ambitions Are Faltering
Authored by James Gorrie via The Epoch Times (emphasis ours),
For years, the Chinese Communist Party (CCP) has positioned the digital yuan (e-CNY) as the ultimate weapon of financial totalitarianism. It was intended to be the crowning achievement of the surveillance state. With a programmable, traceable digital currency, Beijing thought it would finally break the back of private payment giants like Alipay and WeChat Pay.
Signage of the Chinese digital currency is seen near a coffee store in the New Actuation Fintech Center...
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May 12, 2026 / John W. And Nisha Whitehead
The Trump Hustle: Distraction, Deception and the Heist of the American Economy
Call it what it is: a heist. The corruption, cronyism, and self-dealing that now define the American government—under Donald Trump in particular—amount to a slow-motion stick-up carried out in broad daylight. But here’s the trick: it’s a heist hidden behind spectacle. The Trump administration is flooding the stage with noise so “we the people” don’t […]
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Mar 16, 2026 / Ron Paul
Just Get Out! Now!
As is becoming clearer from President Trump’s own statements and those of his staff, along with press reporting, the US has launched a major war without the input of the experts we pay to advise the President on such matters. The State Department, Pentagon, National Security Council Staff, Defense Intelligence Agency, and NSA were simply […]
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