After a weak first quarter, America’s financials are bloated while the real economy is barely a step away from recession, however, the overall economy is closer to a lengthy stagnation rather than a full-blown demise. By Kristian Rouz, Sputnik News US economy has not fared well in 2015 thus far, staggering and almost nearing a halt … Continue reading
Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? By Michael Snyder Today, the debt of the federal government exceeds $145,000 per household, and it is getting worse with each passing year. Many believe … Continue reading
By Michael Snyder When it comes to taking a chainsaw to the future of America, nobody seems more eager than Barack Obama. Despite the fact that the U.S. national debt is on pace to approximately double during his eight years in the White House, he has just proposed a budget that would take government spending … Continue reading
By Michael Snyder /originally published on 29th September 2014/ I know that headline sounds completely outrageous. But it is actually true. The U.S. government is borrowing about 8 trillion dollars a year, and you are about to see the hard numbers that prove this. When discussing the national debt, most people tend to only focus … Continue reading