Posts Tagged ‘trillion’

U.S. Debt Could Be 2,000% Of GDP: A $400 Trillion Nightmare

By Mac Slavo A new report has said that the real United States national debt could be well over what politicians tell us it is.  At a whopping $400 trillion, the U.S. debt would be 2,000% of GDP (gross domestic product) according to new calculations that include the federal government, state, local, financial, and so-called […]

The Trillion-Dollar Military Still Isn’t Enough for the War Party

Since the end of the Cold War in 1990, US defense spending has increased 182 percent in nominal terms, and 44 percent in inflation-adjusted terms. In inflation-adjusted terms, defense spending is now about equal with the all-time peak reached in 2011, and the White House’s Office of Management and Budget estimates that defense spending […]

The Trillion-Dollar Military Still Isn’t Enough for the War Party

By Ryan McMaken Since the end of the Cold War in 1990, US defense spending has increased 182 percent in nominal terms, and 44 percent in inflation-adjusted terms. In inflation-adjusted terms, defense spending is now about equal with the all-time peak reached in 2011, and the White House’s Office of Management and […]

Lipitor & The Trillion Dollar Cholesterol Scam

How effective is it? Is high cholesterol really the cause of heart disease? Does high fat / saturated fat diets cause high cholesterol? What are the real side effects of statins? Why does every doctor on the planet put you on statins the first chance they get? Get ready for a long trip down the […]

USA aid to Israel $3 Trillion

USA aid to Israel $3 Trillion     Related Posts U.S. Debt Could Be 2,000% Of GDP: A $400 Trillion Nightmare By Mac Slavo A new report has said that the real United States national debt The Trillion-Dollar Military Still Isn’t Enough for the War Party Since the end of the Cold War in […]

Cost of U.S. War in Afghanistan: About $1 Trillion

So, according to the US Department of Defense, the total military expenditure in Afghanistan (from October 2001 until March 2019) was $760bn. That’s significantly more than the figure given by the Afghan president. But an independent study carried out by Brown University’s Cost of War Project argues that the official US […]

Space Lunacy: $ Trillion Space Games and False Prophecies by Billionaires While Rome Burns

History testifies to powerful rulers’ aspirations for the position of gods, including the Pharaohs and Roman Emperors such as Caligula or Nero, nowadays mimicked by false messianic prophecies of “intergalactic civilization” made by billionaires and their followers in public and the media, including some scientists. This includes predictions of making life interplanetary by giant proprietors of […]

Whistling Past The $70 Trillion Debt Graveyard

Authored by Lance Roberts via RealInvestmentAdvice.com, Market Review & Update Last week, we discussed the setup for a near-term mean reversion because of the massive extension above the long-term mean. To wit: “There is also just the simple issue that markets are very extended above their long-term trends, as shown in the chart below. A geopolitical […]

The $6 Trillion Pension Bailout Is Coming

Authored by Lance Roberts via RealInvestmentAdvice.com, Fiscal responsibility is dead. This past week, Trump announced he had reached an agreement with Congress to pass a continuing resolution which will suspend the debt ceiling until July 2021. The good news is that it will ONLY increase spending by just $320 billion.  What a bargain, right? It’s […]

A Bank With $49 Trillion In Derivatives Exposure Is Melting Down Before Our Eyes

Authored by Michael Snyder via The Economic Collapse blog, Could it be possible that we are on the verge of the next “Lehman Brothers moment”?  Deutsche Bank is the most important bank in all of Europe, it has 49 trillion dollars in exposure to derivatives, and most of the largest […]

The World’s First Trillion Dollar Oil Company Has A Big Problem

Authored Tsvetana Paraskova via OilPrice.com, China’s biggest oil and gas producer PetroChina – the first company in the world to reach a US$1-trillion valuation more than ten years ago – is now so cheap that it is worth less than the value of its oil and gas reserves. PetroChina is listed in Hong Kong, Shanghai, and New […]

Top 1% Up $21 Trillion. Bottom 50% Down $900 Billion

Top 1% Up $21 Trillion. Bottom 50% Down $900 Billion Every quarter, the Federal Reserve puts out the Financial Accounts (aka “Z1” or “Flow of Funds”), which provide economy-wide aggregates for nearly every kind of asset and liability there is. Every three years, they put out the Survey of Consumer Finances (SCF), which is a household survey that records […]

How Iran Was Swindled Out Of $3.2 Trillion

Authored by Simon Watkins via OilPrice.com, Underlying the one-year anniversary in mid-August of the signing of the ‘Convention on the Legal Status of the Caspian Sea’ is one of the greatest oil industry swindles in recent years. When representatives of the five Caspian littoral states meet on the 11th and 12th of August, Iran intends to […]

Boondoggle, Inc.: Making Sense of the $1.25 Trillion National Security State Budget

In its latest budget request, the Trump administration is asking for a near-record $750 billion for the Pentagon and related defense activities, an astonishing figure by any measure. If passed by Congress, it will, in fact, be one of the largest military budgets in American history, topping peak levels reached during the Korean and Vietnam […]

DEBATE: Is The Belt & Road Initiative a global game changer or trillion-dollar blunder?

The debate: Is China’s Belt & Road Project a global game changer or a trillion-dollar blunder? Intelligence Squared hosts a lively panel discussion on this important geopolitical topic. Debaters: Ian Bremmer, Founder and President, Eurasia Group Michèle Flournoy, Co-Founder & Managing Partner, WestExec & Fmr. U.S. Undersecretary of Defense for Policy Yasheng Huang, Professor, MIT […]

The $1.25 trillion US national security state budget, taxpayers money wasted

In its latest budget request, the Trump administration is asking for a near-record $750 billion for the Pentagon and related defense activities, an astonishing figure by any measure. If passed by Congress, it will, in fact, be one of the largest military budgets in American history, topping peak levels reached during the Korean and […]

Boondoggle, Inc. Making Sense Of The $1.25 Trillion National Security State Budget

Boondoggle, Inc. Making Sense Of The $1.25 Trillion National Security State Budget Above Photo: Mark harmon/Flickr In its latest budget request, the Trump administration is asking for a near-record $750 billion for the Pentagon and related defense activities, an astonishing figure by any measure. If passed by Congress, it will, in fact, be one of the largest military […]

Big Oil Is Set To Spend $5 Trillion On Fossil Fuels We Can’t Afford To Burn

Our analysis found that all production from new oil and gas fields – beyond those already in production or development – is incompatible with reaching the world’s climate goals. Yet the oil and gas industry is set to spend $4.9 trillion (yes, trillion) over the next ten years on exploration and extraction in new fields. That’s an eye-watering […]

Student Debt Is At All-Time-High Of Over $1 Trillion

Student Debt Is At All-Time-High Of Over $1 Trillion Above Photo: Abstract Expressions/Flickr More than a decade has passed since young Americans faced debt levels this high. Debt among 19 to 29-year-old Americans exceeded $1 trillion at the end of 2018, according to the New York Federal Reserve Consumer Credit Panel. That’s the highest debt exposure […]

How Britain stole $45 trillion from India

By Jason Hickel Source Lord Louis Mountbatten, the last Viceroy of India, and his wife, Lady Edwina Mountbatten, ride in the state carriage towards the Viceregal lodge in New Delhi, on March 22, 1947 [File: AP] There is a story that is commonly told in Britain that the colonisation of India – as horrible as it may […]

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