US National Debt Archives - Rethinking the Dollar

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,...

The Fed’s Balance Sheet May Be Headed to $40–$50 Trillion

Nov 2, 2020 | Economic Collapse

The world’s central banks must take whatever paper governments issue. The result by the end of the decade will be… President Trump has said often that he had “created the greatest economy the world has ever seen, until the China virus came.” Maybe some people believe...

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...

What Happens When The Pandemic Ends?

Apr 14, 2020 | Economic Collapse

What happens when the pandemic is over and we try to resurrect something like normal life? The answer is that we run head-on into the one crisis that was… Let’s assume that by the end of this year a combination of social distancing and some new and effective...

Trump’s Budget: More Warfare, Slightly Less Welfare

Feb 17, 2020 | Politics

Listening to the howls from Democrats and the applause from Republicans, one would think President Trump’s proposed fiscal year 2021 budget is a radical assault on the welfare state. The truth is the budget contains some minor spending cuts, most of which are not even...