The U.S. government is currently collecting tariff revenues at an annualized pace of roughly $350 billion, a “significant” amount, according to Torsten Slok, chief economist at Apollo Global Management. In his typical style, one of brevity and striking charts, Slok added that the figure equates to roughly 18% of annual household income tax payments, underscoring that tariffs are not a marginal tool but a significant revenue source shaping America’s economic and trade landscape. Tariffs—essentially taxes i ...

🇺🇸 Senator Cynthia Lummis says a U.S. Bitcoin Strategic Reserve holding 1 million BTC for 20 years could wipe out half of the $37 trillion national debt. https://t.co/7AKfjzCEuD ...

It’s time to sit back, relax and enjoy a little joe …Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance.Well… another busy week is behind us. So with that in mind, let’s get this party started!Reality is easy. It’s deception that’s the hard work.– Lauryn HillSometimes the point isn’t to make people believe a lie – it’s to make people fear the liar.– Anne ApplebaumCredits and DebitsCredit: Did you see this? Amer ...

Economic Issue - The core economic issue facing the US is the national debt, which is a polarizing topic with varying beliefs on whether it is being adequately addressed [1]

🇺🇸 A U.S. Strategic Bitcoin Reserve could create up to $81 TRILLION for the Treasury, according to Michael Saylor’s framework.Enough to offset the national debt. 🤯 https://t.co/btrnppgLba ...

AI与机器人 - AI和机器人技术被认为是解决国家债务问题的关键 [1] - 如果AI和机器人无法解决国家债务，行业前景堪忧 [1]

Economic Outlook - AI and robots are crucial for addressing the national debt, otherwise the nation faces significant challenges [1] - The national debt poses a severe threat to the nation's future [1] Government Assessment - The government is considered fundamentally broken and difficult to fix [1] - Efforts to improve the government are acknowledged but face significant obstacles [1]

Core Viewpoint - A senior Russian advisor claims the U.S. is attempting to manipulate cryptocurrency and gold markets to address its national debt crisis, which exceeds $35 trillion, by potentially converting parts of this debt into stablecoins [1][2][3]. National Debt Context - The U.S. national debt has reached over $35 trillion, the highest globally, resulting from decades of budget deficits, military spending, and social obligations [4]. - The extraordinary borrowing during the COVID-19 pandemic has exacerbated the debt situation, potentially surpassing WWII peak levels relative to the economy [5]. - Projections indicate that U.S. federal debt could exceed 150% of GDP by 2055, surpassing levels seen during WWII [6].

Property taxes are on the rise in many parts of the United States. They're up 23% nationwide from 2019 to 2023. It's a huge issue in areas with high real estate values, particularly those near major cities.This was not just the big bad blue states like New York and California and New Jersey states like Florida. States like Texas will realize this applies to them, too. Congress's new tax and spending bill tackles this problem head on an increased deduction for state and local taxes.The tax break is expected ...

RT Brett Pike (@ClassicLearner)Why is it that when schools teach about Andrew Jackson you only hear about the trail of tears?Why aren’t students taught that he took on the banks? That he was one of the most popular presidents in American history? That he was the only president in American history to fully pay off the national debt?There has been an insidious agenda to turn Americans against our roots. It’s time we take our history back. ...