Category Archives: Treasury Department
SHTFplan: Dollar Crash Imminent: China And Japan Dump U.S. Treasuries
Prepare yourself. Buy physical silver and storable food. The two main holders of United States Treasuries, the countries of China and Japan, have dumped the dollar. Both nations have dramatically cut their ownership of notes and bonds in August, according to the latest figures from the US Treasury Department, released on Tuesday. It appears that […]
Treasury Department Announces Latests Sanctions Against Corruption and Human Rights Abusers
disobedientmedia.com / Kenneth Whittle / December 28, 2017 On December 21, 2017, the U.S. Department of Treasury announced new sanctions against human rights abusers and corrupt actors across the globe. The new executive order, signed by President Donald Trump, was built on the Global Magnitsky Human Rights Accountability Act passed by Congress last year. The order imposes sanctions on thirteen human rights […]
New Trump Executive Order Targets Clinton-Linked Individuals, Lobbyists And Perhaps Uranium One
The Trump Administration quietly issued an Executive Order (EO) last Thursday which allows for the freezing of US-housed assets belonging to foreign individuals or entities deemed “serious human rights abusers,” along with government officials and executives of foreign corporations (current or former) found to have engaged in corruption – which includes the misappropriation of state assets, the expropriation of private assets for […]
US Spy Satellites Catch Chinese Ships Illegally Selling Oil To North Korea
According to South Korea's Chosun Ilbo, U.S. recon satellites have photographed around 30 illegal transactions involving Chinese vessels selling oil to North Korea on the West Sea in October. The images allegedly showed large Chinese and North Korean ships transacting in oil in a part of the West Sea closer to China than South Korea. The satellite […]
It Begins: Pension Bailout Bill To Be Introduced This Week
Over the past year we have provided extensive coverage of what will likely be the biggest, most politically charged, and most significant financial crisis facing the aging U.S. population: a multi-trillion pension storm, which was recently dubbed “one of the most heated battles of a lifetime” by John Mauldin. The reason, in a nutshell, why […]
Record Number Of Americans Expected To Renounce Citizenship In 2017
Perhaps some of the disaffected Hollywood elites who threatened to leave the country after Hillary’s staggering 2016 election loss have actually followed through on their childish temper tantrums after all… According to a Bloomberg note today, a record 6,800 Americans are expected to renounce their citizenship in 2017, a 26% increase YoY and nearly 7x […]
Social Security Means-Testing Looms: “It’s Impossible Without A 50% Income Tax Hike”
Authored by John Mauldin via MauldinEconomics.com, The projected total US debt will be $30 trillion within 10 years, using the CBO’s own numbers. But the CBO also makes the rosy assumptions that there will be no recessions and that GDP will grow at a 4% nominal rate. Now, that’s possible; I'm inclined to haircut it […]
“You May Be Hopping Mad When You Finish Reading This”
Submitted by John Mauldin of Mauldin Economics Uncle Sam’s Unfunded Promises Here’s a surprisingly profound question: What is a promise? Dictionaries offer various definitions. I like this one: “An express assurance on which expectation is to be based.” That definition captures the two-sided nature of a promise. One party offers an assurance, which the other […]