"A fool contributes nothing and takes offense at everything." -- Aristotle

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Embark on a journey into the lesser-known areas of cinema, where hidden treasures await discovery. The vast archives of great filmmakers contain forgotten masterpieces that deserve a revisit.
Tags: GREAT BRITAIN/ UK, RUSSIA/ UKRAINE /BELARUS /CRIMEA, SOUTH/CENTRAL AMERICA
Testing Firepower: A Woman's Accuracy in Aberdeen, 1942 Amid the shadow of World War II, humanity faces its greatest test yet.
Tags: CURRENT EVENTS, GREAT BRITAIN/ UK, RUSSIA/ UKRAINE /BELARUS /CRIMEA, SOUTH/CENTRAL AMERICA
The 1970s, a period of great change in America, holds a treasure trove of forgotten events that, for some, have been forgotten. From trending toys to daring stunts, these events serve as symbols of…
Tags: HIDDEN HISTORY, SOUTH/CENTRAL AMERICA
Inventing has been a human practice from ancient civilizations to the modern era. While many things have become essential parts of everyday life and beyond, some inventions were too bizarre to make…
Tags: GREAT BRITAIN/ UK, HIDDEN HISTORY, SOUTH/CENTRAL AMERICA
Join us as we embark on a journey through the world of amazing weather phenomena. From the awe-inspiring dance of the Northern Lights to the dramatic wrath of tornadoes, the wonders of nature never…
Tags: GREAT BRITAIN/ UK, HIDDEN HISTORY, SOUTH/CENTRAL AMERICA

How Israel has destroyed Gaza’s schools and universities

All schools in Gaza have been shut and no university has survived Israel military’s more than 100 days of onslaught.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP, EDUCATION, ISRAEL, PALESTINE, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD

The most recent results of the Programme for International Student Assessment (PISA) highlight a concerning trend for U.S.

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, EDUCATION

Controversies originating from those who gained the most from the pandemic – most visibly, Big Pharma – refuses to go away.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP, POLITICS/ ELECTIONS/ CORRUPTION, SCIENCE/ HEALTH/ CLIMATE/ NATURE

Claire's Observations:  folks, this is utter insanity, writ large.  Biden and his handlers just don't know what to do, so bombing targets in Iran;l Syria, and Iraq, just HAS to be the…

Tags: CHINA/TAIWAN, CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP, IRAN, ISRAEL, LEBANON, MIDDLE EAST, RUSSIA/ UKRAINE /BELARUS /CRIMEA, TURKEY, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD

It's rare that I get the opportunity to interview somebody who is described as a financial markets guru, a commodities legend, the best selling author of multiple books, and above all else, a true…

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP, ECONOMY

Lawyers, second only to politicians on the moral degeneracy totem pole, don’t often do good work. But when they do, I celebrate it and wish them Godspeed.

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, SCIENCE/ HEALTH/ CLIMATE/ NATURE

Chicago Ray, the trucker who ignited the righteous anger of his fellow truckers and of millions of other Americans, has stepped down from his boycott leadership.

Tags: COMPUTERS/INTERNET, CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP, PROTESTS/ REVOLUTION

On Saturday the Pentagon conducted yet another round of airstrikes on Houthi positions in Yemen, which marks likely the seventh round of such Western coalition attacks. It follows…

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ECONOMY, GREAT BRITAIN/ UK, IRAN, IRAQ, ISRAEL, LEBANON, MIDDLE EAST, PALESTINE, POLITICS/ ELECTIONS/ CORRUPTION, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD

The US recently conducted a cyberattack against an alleged Iranian spy ship that has been operating near Djibouti,…

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, IRAN, ISRAEL, LEBANON, MIDDLE EAST, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD

PREPPING THE SHEEP

In the last issue, we highlighted the UK (military together with presstitutes) and Australia (presstitutes) have begun…

Tags: CHINA/TAIWAN, CONSUMER RIGHTS / PRODUCT REPORTS, CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ECONOMY, EDUCATION, IMMIGRATION/GLOBALISM, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD

Former CIA analyst Ray McGovern in a new interview has speculated over the reasons behind Victoria Nuland…

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, RUSSIA/ UKRAINE /BELARUS /CRIMEA, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD

An appeals court in Washington unanimously ruled that a Jan. 6 defendant’s sentence was improperly enhanced, a move that could impact numerous other Jan. 6 cases.

Tags: COMPUTERS/INTERNET, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, POLITICS/ ELECTIONS/ CORRUPTION, PROTESTS/ REVOLUTION

 - Russia's state RIA news agency said on Sunday it had calculated that the West stood to lose assets and investments worth at least $288 billion if it confiscated frozen Russian assets to…

Tags: CURRENT EVENTS, ECONOMY, RUSSIA/ UKRAINE /BELARUS /CRIMEA, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE

Mental health issues that manifest in gender confusion, combined with potent cross-sex hormones, can be a recipe for violence, some experts have said.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, SCIENCE/ HEALTH/ CLIMATE/ NATURE

The US has a $6 trillion problem over the next twelve months

Image removed.

by Sovereign Man

Friday, Feb 02, 2024 - 6:43

by James Hickman via Schiff Sovereign

Yesterday the Treasury Department announced that they expected to increase the national debt by a whopping $760 billion this quarter alone… and another $202 billion next quarter.

In short that means almost $1 trillion added to the national debt just in the first half of this year. And, again, these are the Treasury Department’s own estimates.

Obviously, that’s a pretty horrible result; even a senior Treasury official acknowledged that they have “significantly increased” their bond sales and the national debt. Not that they’re doing anything to stop the trend.

But there’s an even greater risk that the Treasury Department faces this year that is hardly being discussed anywhere.

Over the next twelve months, more than $6 trillion in existing US government debt is set to mature… and will need to be paid back somehow.

So, to give you an example, back in 2014, the federal government issued $264 billion in 10-year Treasury notes.

Well, it’s now 2024, i.e. ten years later. Meaning that $264 billion worth of 10-year notes issued in 2014 will become due and payable this year.

In 2017, they issued $368.8 billion worth of 7-year notes. And those 7-year notes issued in 2017 are due and payable this year.

Now, this doesn’t actually increase the national debt. If they borrow $6 trillion in new bonds, but then pay back $6 trillion in old bonds, the net change to the debt is ZERO.

So, what’s the problem?

The problem is that interest rates are MUCH higher than they were 2, 3, 5, 7, and 10 years ago when those old bonds were first issued