Suppose you had one billion dollars. You could spend $5,000 per day for more than 500 years before you would run out of money. The cost of paying for America’s national debt crossed the $1 trillion dollar mark in 2023, driven by high interest rates and a record $34 trillion mountain of debt. Over the […]
The Open Banking Rule
It seems as the days go on, the “you’ve got to be kidding me” file continues to grow at a rate that far exceeds the imagination and one that is far greater than one is able to keep up with, this one being no exception. The super geniuses of some governments around the world have […]
Tax Farm
“We are all but free range humans in a tax farm.” A mantra that is has been sung for centuries. The idea and perception that we are being farmed for taxes is not a new idea or perception, especially in the current times of our society where the general public is being taxed to the […]
Guaranteed Minimum Income
For the system where citizens receive an income stream through the public ownership of industry, see Social dividend. Guaranteed minimum income (GMI), also called minimum income (or mincome for short), is a social-welfare system that guarantees all citizens or families an income sufficient to live on, provided that certain eligibility conditions are met, typically: citizenship […]
The Belt And Road Initiative
When the Belt and Road Forum was held on May 14-15, 2017 in Beijing, four Least Developed Countries, namely Cambodia, Ethiopia, Laos and Myanmar, sent their highest level of delegation as their support to the Belt and Road Initiative envisioned by China. Afghanistan, Bangladesh and Nepal had ministerial level of representation in the forum. Other […]