Helping You Survive and Prosper in the Greater Depression
The printing press is grinding to a halt. According to fresh data from the Federal Reserve, the nation's money supply continues to contract. In April, the M2 money stock print tumbled nearly five percent, representing the fifth consecutive … [Continue reading] about U.S. money supply contracts for fifth straight month, still 33% higher than before pandemic
The U.S. government is investing hundreds of billions of dollars in manufacturing by giving taxpayer money to domestic and foreign corporations to build green battery plants. So far, it does not seem to be taking the manufacturing industry out of … [Continue reading] about Manufacturing recession deepens as S&P Global PMI returns to contraction in May
The U.S. Treasury Department's bank account keeps dwindling. According to the latest Daily Treasury Statement (DTS), the Treasury General Account (TGA) Opening Balance for May 19 was $57.341 trillion, down from $68.332 billion on May … [Continue reading] about Treasury’s cash balance plummets 16% in one day, falls below $58 billion amid debt ceiling impasse
The Treasury Department is running out of cash. Secretary Janet Yellen has repeatedly warned that the X-date when the Treasury can no longer prevent a default could be as early as June 1. Some said this was hyperbole, but a look at its bank … [Continue reading] about Treasury cash balance crashes 72% since start of month as Janet Yellen tries to avert a default
Special Counsel John Durham has published his 300-page report and lot of it is damning information. Of course, nothing will happen, but it is still interesting. This is perhaps the most riveting part of the report: Read the full report … [Continue reading] about Read the Durham Report in full