U.S. Is Broke

Economic Collapse News         Helping You Survive and Prosper in the Greater Depression     U.S. inflation comes in hotter than expected on rising gasoline, shelter costs 2023-10-12 15:07:01 +00:00 The U.S. annual inflation rose for the third consecutive month in September, although it was more of a rounding error (3.67 percent to 3.72 percent). On a month-over-month basis, the consumer price index (CPI) jumped 0.4 percent, topping market estimates of 0.3 percent. Core inflation, which removes the volatile energy and food components, remained above […]  Read more SPR shrinks again as U.S. maintains 17 days’ worth of emergency oil supplies 2023-10-12 19:29:43 +00:00 The Strategic Petroleum Reserve (SPR) fell in the last week, according to new Energy Information Administration (EIA) data. For the week ending October 6, emergency stockpiles fell to 351.274 million barrels, down from 351.280 million barrels. In total, the U.S. has about 17 days’ worth of emergency oil supplies. Since the beginning of the year, […]  Read more Election 2024: Donald Trump has raised more money than Biden, GOP challengers 2023-10-18 15:12:11 +00:00 The 2024 presidential election is a year away. President Joe Biden is running for re-election. Republican candidates are trying to topple former President Donald Trump, who is, according to the polls, wiping the floor with the field. But dollars speak more than the polls. So, who is leading the fundraising? According to new Federal Election […]  Read more Scary! $60 billion added to the national debt since Friday the 13th 2023-10-18 15:18:14 +00:00 At this rate, the U.S. national debt could top $34 trillion when the world flips the calendar to 2024. Since Friday the 13th, the national debt has risen by more than $60 billion to above $33.59 trillion, according to the Treasury Department. While this is short of the $275 billion increase in a single day, […]  Read more