Economy

THE ELITE GRAND CONSPIRACY or THE ENERGY CLIFF: Which One Should You Be More Worried About?

Conspiracy theories, especially lousy ones, grab the attention of a lot of people.  So, if you want to acquire a lot of followers while making a nice buck doing so, then it pays to continue regurgitating the “GRAND CONSPIRACY” mantra.  I see this everywhere in the Alt-Media.  And, it…

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THE GREEN ELECTRIC CAR MYTH: 772 Pounds Of Petro-Chemical Plastics In Each Vehicle

How can an electric car be called “Green” when it contains more than 700 pounds of plastic??  Electric vehicle (EV) manufacturers are using more plastic to lower the weight of the car due to the massive battery used, weighing more than 1,000 pounds.  Unfortunately, plastic is still made from petrochemicals,…

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CHART OF THE WEEK: Total U.S. Public & Private Debt To Reach $80 Trillion Q2 2020

When the results are released, the second-quarter economic data will be the worst on record.  With the massive money printing by the U.S. government, public debt has ballooned more than $3 trillion since the lockdown of the domestic economy.  The total U.S. public and private debt will likely surpass $80…

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