Category Archives: Economics

Economic policies, business, investing, saving, banking, currency

“U.S. Ran $666 Billion Deficit In Fiscal 2017, Sixth Highest on Record”

“The federal budget deficit widened in fiscal year 2017 to the sixth highest deficit on record as government spending growth outpaced growth in tax collections for the second year in a row, the Treasury Department said Thursday. The budget shortfall … Continue reading

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Good News: “Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market”

“Filings for unemployment benefits plunged last week to the lowest level since 1973 as workers affected by hurricanes Harvey and Irma continued to return to their jobs, Labor Department figures showed Thursday.” https://www.bloomberg.com/news/articles/2017-10-19/fewest-jobless-claims-since-1973-show-firm-u-s-job-market

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MASSIVE NEWS: Crime, $21 Trillion Missing from federal government!

“Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says you can add $21 trillion of missing federal money on top of the $20 trillion U.S. deficit. It’s all in a new explosive report on Solari.com. Fitts explains, … Continue reading

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“Bitcoin now bigger than Bayer, Goldman Sachs & Nike”

“The value of the world’s largest cryptocurrency bitcoin has broken the $5,800 mark, hitting another all-time high before retreating to the $5,600-$5,700 level, still close to the maximum… The cryptocurrency would be in 77th in PwC’s list of the top … Continue reading

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“Trump Further Dismantles Obamacare Overnight, Ending Illegal Cost-Sharing Payments”

“Late Thursday night, the Trump administration announced that cost-sharing reduction payments to health insurers — a key prop for Obamacare — “must stop, effective immediately.” “CSR payments are prohibited unless and until a valid appropriation exists,” said Attorney General Jeff … Continue reading

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Good News! “[U.S.] Unemployment claims fall to lowest level in 43 years, despite hurricanes”

“The total number of laid-off workers receiving unemployment benefits fell to 1.89 million at the end of September, the Department of Labor reported Thursday, the lowest such mark in nearly 44 years… Low new jobless claims are a good sign. … Continue reading

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“27 percent of London’s population below the poverty line”

“More than a quarter of the population in London now lives below the poverty line. At the same time, thousands of people live on the streets, a new British report shows.” https://www.prisonplanet.com/27-percent-of-londons-population-below-the-poverty-line.html

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