Authored by Ryan McMaken via The Mises Institute,
When you're a government agency, asking for a tax increase is always a hassle.
For the most part, taxpayers don't like taxes, and if asked if they want to pay more, they're likely to often say "no."
Moreover, when public officials pass tax increases, they may face the wrath of taxpayers at the ballot box.
Authored by Charles Hugh Smith via OfTwoMinds blog,
The entire status quo is based on the delusion that rapidly rising debt will never generate any negative consequences.
Authored by Daniel Lang via SHTFplan.com,
A lot of people were probably thrilled today about Amazon’s latest announcement. The online retail giant has revealed that they are going to reduce the cost of Prime membership, which provides free shipping for more orders and unlimited streaming for many shows and movies. But it’s not just for anyone. The reduced rate will be reserved for low income households.
Authored by Stephen McBride via MauldinEconomcis.com,
This year, the first Baby Boomers turned 70, and that spells trouble for the economy and financial markets.
Speaking at Mauldin Economics’ Strategic Investment Conference, chief economist and strategist for Gluskin Sheff, David Rosenberg, dissected the wide-ranging implications of the wave of Baby Boomers now retiring.
Fifty Million Americans Aged Over 70 By 2030
Authored by Martin Armstrong via ArmstrongEconomics.com,
The only way to protect Poland from Islamic terror attacks is to not allow Muslims to migrate en masse. That is now the view of 71% of the people.
This is becoming the major issue in Poland and is at its core dispute with Brussels. As a reminder, Poland recently followed Hungary's lead in corralling migrants...