Tax Revenue

Government By Goldman

"...now Cohn’s in charge of the economy and talking about eliminating financial reform and basically putting the country back to where it was in 2005, as if 2008 didn’t happen. I’ve started the countdown clock to the next financial crash, which will make the last one look mild."

Fleecing Taxpayers Won't Fix The Pension Crisis

"Public pensions are a financial time bomb... In the US, unfunded public pension liabilities have surpassed $5 trillion. And that’s during an epic stock and bond market bubble...Predictably, the government’s go-to 'solution' is already making matters worse."

The Real Story Behind America's New $20 Trillion Debt

"The national debt is now $20.1 trillion. That’s larger than the size of the entire US economy... but, the real story isn’t the number or the size of the debt itself. It’s the trend. And it’s not good."

It's Can-Kicking Time Again In The Imperial City

"So we’ve officially entered the kick-the-can season. You can count on Paul Ryan to spin and misdirect in order to obfuscate what’s actually going on. The House Speaker is about to capitulate again to the nation’s fiscal doomsday machine. Expect clever maneuvers designed to hide the truth through yet another election cycle."

10 Reasons Why Central Banks Will Miss The Cryptocurrency Renaissance

"It's a familiar trend, one that happened in communications (internet), and that is now playing out in energy (solar), manufacturing (3D printing) and finance (cryptocurrency) – power and control are moving into the hands of the individual and away from nation states."

"Sleepwalking Into An Even Worse Version Of The 1930's Depression"

"Governments around the world do not seem to understand the situation we are facing. In large part, this is happening because economists have built models based on their view of how the world works...We seem to be sleepwalking into an even worse version of the Depression of the 1930s."