Trump Puts The Idea of a US Government Debt Default On The Table

On Thursday, Donald Trump told CNBC that his solution to dealing with the $19 trillion-plus national debt involves a form of default such as repurchasing existing bonds at a discount. The media jumped all over him calling his idea “insane” and warning that it would tank the economy or set off an “unprecedented financial crisis.” They…

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Venezuela Resorts To Changing Time Itself To Survive Socialism As Food Shortages and Power Outages Worsen

When heavily socialist countries collapse, and they always do, it is always interesting to watch what they do near the end. Venezuela is the latest and its activities have gotten more bizarre by the day.  A few weeks ago, as we reported, the Central Bank of Venezuela blamed hyperinflation on a website.  Then they began flying in plane…

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