With US government debt skyrocketing past $33 trillion and possible recession looming, the Treasury faces the prospect of running out of suckers. Finding buyers for US debt will become much more difficult.
The student loan program is descending into chaos and the Biden administration is clueless about what to do. Furthermore, the value of a college education continues to fall while college costs increase.
Between war weariness and the inability of the US government to pay war bills, reality is going to come to the fore even if Washington doesn't like it.
Because borrowing from the Fed continues to reach new highs, inflation is unlikely to drop as fast as M2 would indicate, and excess money growth continues to generate problems in the economy with few improvements as it just keeps zombie financial entities alive.
The newly released movie "Killers of the Flower Moon" depicts what happens when politically connected people can use the state to carry out nefarious deeds. Unfortunately, government failure is one lesson that is sure to be lost here.
How the Israel-Gaza war ends is easy to imagine because it's following a path that has been trod many times before. We've seen it many times during conflicts between settler populations and indigenous populations worldwide
Since the original sugar tariff of 1789, US government policy has been to subsidize sugar, a policy that has led to serious consequences, including a health crisis of obesity.
Murray Sabrin has a long history with the Austrian movement and is one of two people who had Murray Rothbard on his PhD committee. He talks with Bob about his memoir, From Immigrant to Public Intellectual: An American Story.
Sen. Joe Manchin says he is retiring because of legislative divisions that keep Congress from finding political “solutions” to the nation’s problems. In truth, Congress is more united than the people they supposedly represent.
While Ibrahim Kendi's infamous antiracism center at Boston University implodes, the doctrines espoused by the center continue to present false social narratives.
