It Is Mathematically Impossible To Pay Off All Of Our Debt

It Is Mathematically Impossible To Pay Off All Of Our Debt
The Federal Reserve no longer provides charts for M3, but according to John Williams of shadowstats.com, M3 is currently sitting somewhere in the neighborhood of 17 trillion dollars. So even with the broadest possible definition of “money”, we simply ...
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Bubbles—Profit and Protection
Of course, real U.S. GDP is Negative and has been for a while, as Deepcaster and Shadowstats.com (Note 1) have been saying for months. In sum, the Reality that the U.S. (and other Governments) are trying to hide is that we have a Contracting Economy ...
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Impoverishment: America's New Normal
The older computation remains available at shadowstats.com, where U–3 Unemployment surpasses 20%. A different useful government statistic is the Labor Force Participation Rate, the percentage of the available workforce that is working. That has ...
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Chart of the Week: US unemployment figures
The Shadow Stats Alternative Unemployment Measure does include those pushed out of U6, which has apparently “remained steady, at or near its historic-high rate for the last couple of years.” If Williams is correct, US GDP figures will be revised ...
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