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We Are Not In A Recession... So Why Are We Borrowing Like It?
We Are Not In A Recession... So Why Are We Borrowing Like It?
Authored by Ken Buck via The Epoch Times,
Despite a lot of talk about fiscal responsibility, lawmakers in Washington are continuing to run up the tab on America's already maxed-out credit card.
The U.S. annual deficit - the difference between the revenue that the federal government collects and what it spends each year - reached $1.8 trillion through the first 10 months of the current fiscal year. With two months still left to go, this year's deficit will exceed...
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Mar 30, 2026 / Tyler Durden
Watch: EU Parliament Told Continent Is "On Track For Civil War"
Jul 5, 2026 / Dave DeCamp
US Bombs Somalia for 70th Time This Year
US Africa Command on Sunday announced that its forces launched another airstrike in Somalia as the Trump administration continues its record-shattering bombing campaign in the country. The command said that the strike was launched on July 3 and targeted al-Shabaab in the vicinity of Farsooley, a town about 55 miles west of Mogadishu. AFRICOM offered […]
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May 12, 2026 / Tyler Durden
Truth Is The First Casualty Of War; The Currency Is The Second...
Truth Is The First Casualty Of War; The Currency Is The Second...
Authored by Nick Giambruno via InternationalMan.com,
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”
— Ernest Hemingway
Thanks to the fiat currency system, governments at war can tap into a nation’s savings by financing conflict through currency debasement. Under a gold standard, governments had to have the gold or impose taxes if they wanted...
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