Economic News

This will be happening via online accounts dubbed, “My Social Security” and the digital card. This is considered by some observers as “the first step” toward the digital ID – or, by those opposed to such massive centralization of personal data, …

For years, our economy and our financial markets have been artificially propped up. Since 2008, politicians in Washington have added about 26 trillion dollars to the national debt, and bureaucrats at the Fed have pumped trillions of freshly created dollar…

The president of the United States just threatened to end all trade with China if the Chinese do not stop buying oil from Iran. I realize that this sounds like something that Hollywood would dream up, but this isn’t a plot from an episode of your favori…

Over the last several decades, the global economy has become more interconnected than ever, but now everything is changing. The flow of goods between the number one economic power on the planet and the number two economic power on the planet is absolutely…

China is normally the largest export market for U.S. agricultural products. In a typical year, we sell tens of billions of dollars worth of agricultural products to the Chinese, but now that door has been slammed shut thanks to the extremely high tariffs …

The United States imported 438 billion dollars worth of goods from China in 2024. All of a sudden, most of that trade is being cut off. Tariffs on Chinese goods are now so high that it no longer makes economic sense for Chinese companies to export product…

If you are going to need anything made in China, I would buy it now while you still can. Many companies have already decided that it no longer makes any economic sense to import Chinese-made products into the United States because tariff rates are so high…

The entire system has been designed to generate as much revenue from your activity as possible until someday you eventually drop dead. It is tax season, and that means that it is time to feed the largest and most bloated government in the history of the e…

Most Americans have absolutely no idea how we got into the mess that we are in today. The reason why the U.S. government is 36 trillion dollars in debt and our society as a whole is 102 trillion dollars in debt is because the system is performing exactly …

Do not read this article if you do not want to get angry. The “healthcare industry” in the United States has become one gigantic money making scam, and tens of millions of American families now live in great fear of illness and disease. Why are they s…

Apparently our government cannot explain how 4.7 trillion dollars was spent. Are you kidding me? A stack of 4.7 trillion one dollar bills would reach all the way to the Moon and part of the way back. This is yet another example of why we desperately need …

What is our society going to look like if “the biggest fraud in history” is brought to a screeching halt? Elon Musk and his DOGE team have been taking a meat axe to federal agency after federal agency, but Social Security is the big Kahuna. According …

Most Americans don’t know that for much of U.S. history there was no federal income tax and there was no central bank. But now everyone assumes that we must have a federal income tax and a central bank in order to have a functioning society. Today, ther…

The last time Catherine Austin Fitts (CAF) was on USAWatchdog.com, she warned that the real battle would be fought in the Trump Administration trenches between “Freedom & Deep State Control.” CAF contends that there is no bigger ongoing battel for lo…

Most Americans realize that the federal government is drowning in debt and that inflation is out of control. But very few Americans can coherently explain where money comes from or how our financial system actually works. For decades, bankers that we do n…

During Donald Trump’s first presidency, he invoked the PREP Act to release $trillions to fund one the largest military campaigns in U.S. history, the “War Against the Unseen Enemy” and Operation Warp Speed, to allegedly fight against the corona viru…

Have things been getting better for the middle class, or have things been getting worse? Needless to say, the answer to that question is obvious. The cost of living is absolutely crushing us, we can’t afford to replace our rapidly aging vehicles, debt l…

It is that time of the year again. The Social Security Administration has finally released the final wage statistics for 2023, and they are quite sobering. According to the report, last year the “median wage” in this country was just $43,222.81. In…

When nearly half of all small businesses are struggling so much that they can’t even pay their rent, you have an enormous economic crisis on your hands. The last time that we witnessed anything like this was during the peak of the COVID pandemic, but h…