economy

Americans Spend More on Taxes Than Food and Clothing Combined (Video)

I was – and wasn’t – shocked when I saw this headline from CNSNews. Imagine that we fought for our independence in America, OVER A 3% TAX! Could you imagine what your life would be like if your combined tax burden was 3%? I would be doing cartwheels in the street! Something needs to be…

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The 5 Steps to World Domination

You don’t need an army to achieve World Domination; all you need is enough cheap credit to buy up everything that generates the highest value and/or income. 1. Turn everything into a commodity that can be traded on the global market: land, leases on land, options to purchase land, houses, buildings, rooms in slums, labor, tools,…

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Did the Economy Just Stumble Off a Cliff?

The signs are everywhere for those willing to look: something has changed beneath the surface of complacent faith in permanent growth. This is more intuitive than quantitative, but my gut feeling is that the economy just stumbled off a cliff. Neither the cliff edge nor the fatal misstep are visible yet; both remain in the shadows…

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New Sanctions On China And Russia As Pressure On North Korea

The United States has now unveiled new sanctions against 16 Chinese and Russian individuals and entities. The treasury department is coming up with new sanctions on the Chinese as a way to pressure North Korea into giving up their nuclear program. The Treasury department claims they are cracking down on those who are aiding North Korea’s…

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Elon Musk And Others Call For A Ban On Killer Robots

Elon Musk is leading 116 “experts” around the globe to petition the United Nations for an all out ban on killer robots. Musk, along with others like Alphabet’s Mustafa Suleyman, demand the ban to prevent a third “age of war.” Musk has been outspoken about the dangers of artificial intelligence and robotics for years, and now his fear…

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What the Mainstream Doesn’t Get about Bitcoin

The real demand for bitcoin will not be known until a global financial crisis guts confidence in central banks and politicized capital controls. I’ve been writing about cryptocurrencies and bitcoin for many years. For example: Could Bitcoin Become a Global Reserve Currency? (November 7, 2013) I am an interested observer, not an expert. As an observer, it seems…

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Soda Tax Pushing Residents to Alcohol in Philadelphia (Video)

The City Council of Philadelphia has once again shot itself in the foot and made itself look like a bunch of idiots. Soda now costs more than beer in Philly. And, to make matters worse, they hitched the wagon of their Pre-K program to this tax, and wouldn’t you know it – it is falling…

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