Archive for May 24, 2022

Future of Europe 

Posted in uncategorized with tags on May 24, 2022 by andelino

Russia’s attempt to fracture Europe will have the opposite effect.

The European Union is currently holding its Conference on the Future of Europe, a series of public debates and discussions on the issues facing Europe. Normally, few outside the political realm pay it any attention, since the conclusions are not legally binding. But this year, because of the Russian invasion, calls for a federal Europe are multiplying.

One opinion article published on Euractiv by several authors, including the editor in chief of Euractiv’s Italy division, summarized the reactions of European citizens to the invasion. Titled “Time for the United States of Europe!”, the article was signed by “over 200 intellectuals and personalities of different political orientations from 20 European countries.”

Read more at “After the Russian Invasion, Time for a United States of Europe”

Biggest Economic Crisis

Posted in uncategorized with tags on May 24, 2022 by andelino

The real national debt is $193 trillion when you tally up the unfunded liabilities.

One in five Americans believes inflation is the top economic crisis facing America. Yet the inflation rate will likely fall over the next few months as the Federal Reserve makes it expensive to borrow money. But the debt the federal government has accrued by mailing out covid-19 stimulus checks, welfare checks, Medicare checks, Medicaid checks and Social Security checks will plague the United States for the foreseeable future.

While sending $804 billion to low- and middle-income households via three rounds of covid-19 stimulus payments, the federal government spent all of its tax revenue on social welfare programs during the pandemic. Therefore, it had to borrow money to fund the military, run the government, and pay the interest on the national debt. This borrowing increased the national debt by more than $6 trillion.

Read more at “America’s Biggest Economic Crisis”

%d bloggers like this: