How Broke Is the Federal Government? It’s Penniless!
The federal government’s financial report shows it is de facto bankrupt, with assets of $4.9 trillion and expenses and debts of $40 trillion.
The federal government’s financial report shows it is de facto bankrupt, with assets of $4.9 trillion and expenses and debts of $40 trillion.
A widely shared post on X (formerly Twitter) from an account called AF Post claimed “Milei Government increases electricity and gas tariffs on middle and low income households by more than 100%.” Milei Government increases electricity and gas tariffs on middle and low income households by more than 100%. Follow: @AFpost pic.twitter.com/PjPenIy72x — AF Post…
In a remarkable turn of events, Javier Milei and the Liberty Advances Party of Argentina, “La Libertad Avanza,” emerged victorious in the Presidential election of Argentina. Javier Milei won with close to 56% of the voters, while the Peronist (fascist/socialist) candidate Sergio Massa got 44%. This triumph stands as a testament to the potential success…
In the fast-paced world of online trading, maintaining discipline is crucial for success. Many traders, both novice and experienced, often find themselves succumbing to common mistakes that can sabotage their trading discipline. In this article, we will explore these pitfalls and provide valuable insights on how to avoid them. But before we dive into the…
It’s time for Congress and the president to recognize they have a spending addiction. It is time also for our government to recognize it is incapable of managing the nation’s finances. In Fiscal Year 2022, the United States collected $4.8 trillion in revenue and spent $6.32 trillion. Our federal government spent $1.47 trillion more in…
Why Inflation is Considered a Tax Inflation refers to the general increase in the prices of goods and services over time. It is a common economic phenomenon that can have significant and far-reaching consequences. Inflation Acts as a Tax on Consumers When prices rise, the same amount of money can buy fewer goods and services….
Labor Day has passed, vacation season is over, and it’s time to return to work. But there are a few wrinkles in this thinking. The first order of business for the House of Representatives was to pass another law making it harder to fire federal employees—who already literally have job protection for life. Next, the…
Bringing the modern technology of Ethereum into your business organization will change everything. However, what if you begin a new business organization as a start-up for yourself and start using the Ethereum technology from the initial stages itself? Ethereum Is a peer-to-peer medium for making transactions at the ethereum-trader.app, and it is a network of…
Initial coin offerings (ICOs) are one of the hottest ways for businesses to raise capital. ICOs have been around since 2013 when Mastercoin launched the first one. Since then, thousands of companies have raised more than $20 billion through ICOs. In this guide, we’ll go over what an ICO is and how it works; provide…
In the last few years, cryptocurrency has become one of the most innovative and disruptive fields in computer science. One of its most exciting innovations is the development of new consensus protocols that allow any number of nodes to agree on how it processes transactions in a given period. These new protocols allow us to…