President Donald Trump has proposed using a 50-year mortgage to make home ownership more affordable for people. However, it just seems like a terrible idea, and the math proves it. The proposal was suggested by Trump and supported by Federal Housing Finance Agency Director Bill Pulte. Right now, while interest […]
1913 was a terrible year for America and human freedom. It was the year Congress passed the Federal Reserve Act and ratified the 16th Amendment to the US Constitution, which authorized a federal income tax. At first glance, these two unfortunate developments may seem unrelated. Yet what are the odds […]
Do you remember how bad things were in 2008 and 2009? It was an economic nightmare that shook the entire world, and now it appears that the sequel is upon us. As you will see below, many economic numbers are either as bad as they have been since the Great […]
Homebuilders expected a buying rebound that didn’t come. Home Buyers Are Hiding The Wall Street Journal reports Builders Are Offering Mortgage-Rate Discounts. Home Buyers Aren’t Biting. America’s biggest builders are struggling to sell homes even when they offer buyers a 4% mortgage. Their experience suggests rate cuts alone won’t be enough […]
For generations, money was something people held in their hands — a tangible symbol of work, value, and exchange. Today, money is becoming something else entirely: a digital leash. The transformation is happening quietly, without consent, and most people will not recognize what has been built until the gate locks […]
Trump proposes another massive wealth redistribution scheme. Economic Illiteracy at Its Finest Trump on Truth Social: People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price. 401k’s are Highest EVER. We are […]
The US workforce saw a brief bump in hiring this October, coupled with a steep rise in firings. The Bureau of Labor Statistics will likely not publish job data again this year due to the government shutdown. The Federal Reserve’s preferred gauge of the US workforce is unavailable, but what […]
Economies usually go just one way – but now we’re going in two directions. While the wealthy ride up on rising asset prices, millions of working Americans are moving down. Here’s how the “K-shaped” economy took hold – and what it means for your financial future… Once upon a time […]
As debates over SNAP funding intensify, one uncomfortable truth stands out: Tens of millions of Americans now rely on “temporary” aid programs. Brandon Smith of alt-market.com explores the im-plications for the larger U.S. economy… There’s a lot of black-pilling Republicans out there this week after a handful of elections in […]
It is starting to look a lot like the Great Recession again. I thought that the pace of layoffs in 2024 was bad, but it has just exploded here in 2025. Vast numbers of good paying jobs are being ruthlessly eliminated, and competition for any decent jobs that are still […]