The U.S. national debt poses a significant risk, hinting at an impending economic collapse. Despite President Trump’s measures towards a balanced budget, challenges persist. The text reflects on biblical teachings, underscoring that both believers and non-believers face hardships. Ultimately, it advocates for faith in God’s grace amidst forthcoming challenges.
Category Archives: Economics
🎼Money♬, Money♬, Money♬
This article discusses the implications of high debt-to-GDP ratios on economic stability and introduces Texas’s new law allowing precious metals for everyday transactions. By utilizing gold and silver as currency through the Texas Bullion Depository, Texans can mitigate risks from inflation while adhering to constitutional provisions regarding currency.
The Election of School District Trustees—What Should I Look For In Candidates?
In Rockwall, Texas, since 1987, I have engaged in various elections. Recent discontent arose from the Rockwall ISD Bond Election due to high property taxes. Effective ISD Trustees should possess management skills, overseeing budgets rather than promoting administration. Encouraging business-minded candidates can improve governance, reflecting a positive trend in American politics.
Faithless Republicans Contravene the Trump Agenda and the State Republican Party Platform: My Appeal to Chairman Abraham George
Dennis London, a business owner from California, warns of a similar liberal takeover in Texas. He emphasizes the need for education and engagement among voters to combat “faithless Republicans” who align with Democrats. Proposing simple educational tools, he aims to raise awareness of political consequences, such as loss of freedoms and wealth.
ELECTION DAY, NOVEMBER 5, 2024
In 1992, James Carville’s phrase highlighted the importance of the economy. Currently, Kamala Harris and Tim Walz emphasize gender equality while defending illegal immigrants. The post discusses Donald Trump’s economic understanding and warns of a potential severe economic depression. It urges voters to prioritize their freedoms and economic stability on election day.
Texas Public Schools: Funding the Present while Ignoring the Future
The American economy’s future revolves around declining birth rates and their impact on public education. By 2030, older demographics will outnumber children, leading to budget challenges in schools. Factors such as abortion access and economic pressures contribute to lower fertility rates, prompting families to seek alternatives to public schooling.
Dade Phelan, Rick Perry, and Legalized Gambling
Dade Phelan’s term as Texas House Speaker has been influenced by the gambling lobby, with Mike Toomey, a casino lobbyist, as his chief of staff. Former Governor Rick Perry, who supports gambling interests, has faced criticism for endorsing Phelan. Legalized gambling poses economic risks, particularly for low-income residents, with minimal benefits for education.
Rockwall County 2025 Outlook: Issue number 1 —Economics
Jim Rickards predicts a 50% stock market crash, the collapse of the U.S. dollar, and riots in America, while forecasting gold prices may exceed $20,000 per ounce. Efforts are underway in Texas to establish a gold-backed currency to avoid the destruction of peronal wealth by runaway inflation and economic collapse.
Impending Recession: Analyst Speculations and Economic Impact
The U.S. economy faces a recession, prompting uncertainty among Americans. Analysts debate potential Fed actions, while JPMorgan Chase predicts a recession by year-end. Modern Monetary Theory challenges conventional economics, advocating government control over currency. Inflation negatively impacts US households, emphasizing the importance of conservative fiscal policies. Gold remains a reliable wealth standard amidst economic fluctuations.
A Tale of Two Countries, Two Economies, One Common Responsibility
The macroeconomist Wu Chia-lung believes China’s economic activity has weakened, predicting the collapse of the CCP. He draws parallels with historical dynasties and points to disguised tax increases, money printing, and citizen revolts. Adam Smith’s views on taxation in the US are also mentioned, particularly the 16th Amendment’s non-proportional federal income tax and its implications for state sovereignty.
John N. White 