marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
defense spending
12/15/2023
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By Belle Carter
Ex-intel officer: Pentagon commits multitrillion-dollar fraud, fails its sixth annual audit in a row
Scott Ritter, a former U.S. Marine Corps intelligence officer, wrote on the Russian 24/7 English-language news outlet RT an analysis of the Department of Defense‘s (DoD’s) recent admittance that the federal agency could not account for 63 percent of nearly $4 trillion in U.S. taxpayer money and having failed a massive yearly audit for the […]
11/12/2023
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By Belle Carter
Doug Casey: Entitlements, excessive defense spending and high federal debt interest push U.S. to brink of bankruptcy
There are a lot of indicators that the Americans’ fear of the imminent bankruptcy of the United States is coming sooner than later. The U.S. government’s budget is the biggest in the history of the world and is growing at an uncontrollable rate. In the latest Bloomberg Intelligence research, strategists wrote that there will be […]
04/26/2023
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By Arsenio Toledo
Global military spending hits record-high $2.24 trillion amid ongoing conflict in Ukraine, heightened tension in Taiwan
Global military spending in 2022 rose to a record-high $2.24 trillion, spurred on by massive increases in national military budgets in the wake of increased global tensions, particularly in Ukraine and Taiwan. This is according to the Stockholm International Peace Research Institute (SIPRI), which released its annual report on global military expenditures on Monday, April […]
03/30/2023
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By Belle Carter
Pentagon demands $842B budget as America prepares for war against China
The Department of Defense (DoD) is demanding approval of $842 billion out of the $6.9 trillion budget proposal for the fiscal year (FY) 2024. This will be allocated in the preparation for a future war with China, Pentagon officials said. Secretary of Defense Lloyd Austin and Chairman of the Joint Chiefs of Staff Gen. Mark Milley […]
03/20/2023
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By Belle Carter
Pentagon requests $886 billion budget despite failing 5 audits where billions vanished into financial black holes
President Joe Biden’s $6.9 trillion budget proposal for the fiscal year (FY) 2024 includes $842 billion for the Department of Defense (DoD) and an additional $44 billion for defense-related programs at other agencies and departments. For DoD alone, Biden is requesting a total of $886 billion. According to financial analysts, Pentagon’s annual budget is climbing closer […]
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