We are all (mostly) socialists now

From Jacob Hornberger at Hornberger’s Blog: Image by iStock/erhui1979 There is a popular conception among some libertarians that the reason that we live under a massive welfare-warfare state is because government has a natural propensity to grow. The notion is a …

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China’s ‘Digital Dictatorship’…And Ours

Ron Paul Liberty Report, Released on 9/24/18 China’s “social credit” system purports to rank citizens according to their behavior, trustworthiness, and adherence to the law. Political dissent results in a lower “social credit” score and a reduction in privileges. The …

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The New American Dream

by FartfullyYours 40 years of increasing oligarchy have gotten us to this level of debt slavery. 1. (Age 5-18): Spend 12 years in public school becoming indoctrinated in the “benefits” of the police state and ubiquitous surveillance. 2. (Age 18-22) Spend …

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Visualizing Where Tourists Spend the Most Money

by howmuch Mark Twain once quipped, “Travel is fatal to prejudice, bigotry, and narrow-mindedness.” But what if people are by and large only traveling to the same places? Our newest map highlights the countries with thriving international tourism industries, and …

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The banking problems of India are mounting

by Shaun Richards We in the western world have got used to problems with our banking system but yesterday highlighted that we are far from alone. From the Reserve Bank of India. The Reserve Bank of India and the Securities …

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The risk of systemic economic collapse

by HomoSemiHabilis Hear me out on this because I think it’s the most empirical treatment of how things could very quickly go horribly wrong. ​ Fact 1 : banks handle the very infrastructure of payment through credit card, checks, wire …

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IOU’s To The Penny

by Chris The un(der)funded liabilities of the US accumulate at roughly 4x to 5x of the rate of cash burn, so on an accrual basis the total future ‘load’ of the US is growing by roughly 5 trillion dollars per …

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