US debt crisis Archives - Rethinking the Dollar

$600 Stimulus Checks Won’t Pull America Out Of This Mess

Dec 29, 2020 | Economic Collapse

As our politicians spend hundreds of billions on other nonsense, we are supposed to be deeply grateful to them for tossing a few hundred bucks our way… Well, it looks like we are going to get $600 stimulus payments from the federal government after all. Oh goody! ...

Biden Already Signals Reckless Abandon On Spending And Debt

Dec 7, 2020 | Economic Collapse

Sure, let’s continue to pretend that massive debts and the devaluing of the dollar will have no impact, ever… Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty,...

Monetary and Fiscal Policy Won’t Help The Economy This Time

Sep 29, 2020 | Economic Collapse

Remember all those “green shoots?” That was the ubiquitous phrase used by White House officials and TV talking heads in 2009 to describe how the U.S. economy was coming back to life after the 2008 global financial crisis. The problem was we did not get green shoots;...

The Economy Continues To Unravel Despite All Stimulus Measures

Sep 4, 2020 | Economic Collapse

Since the pandemic lockdowns were first implemented in the US I have been more concerned with the government and central bank response than the virus itself. As I have noted in past articles, the pandemic restrictions and subsequent economic and social crisis events...

US EMPLOYMENT STALLS AS TRILLION-DOLLAR DEFICITS MOUNT

Jul 19, 2020 | Economic Collapse

Hopes that the economy might soon roar back and bring some relief from skyrocketing deficits remain unfounded for now… New tax revenue data released by the Treasury Department on Monday shows that tax revenue further worsened in June (compared year over...