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Sovereign Debt Crisis

Japan Is the First Domino in the Sovereign Debt Crisis

Japan recorded a 1.01 trillion yen ($6.2 billion) trade deficit during the first half of 2026, according to preliminary government data. This does not mean that...

PRIVATE BLOG – The European Fiscal & Debt Crisis Coming to a Head

PRIVATE BLOG – The European Fiscal & Debt Crisis Coming to a Head Private blog posts are exclusively available to Socrates subscribers. To sign-up for...

US Debt Exceeds 100% of GDP for the first time since World War II

The United States has crossed a milestone that Washington has spent decades pretending would never arrive. Federal debt held by the public has now exceeded 100% of...

Japan: The First Domino in the Sovereign Debt Crisis?

The Japanese government is now openly admitting what I have been warning about for years. Rising interest rates are beginning to dramatically increase the...

Slovakia’s Constitutional Court Fires a Warning Shot at Debt Addiction

The politicians always promise everything to everyone because that is how they get elected. They hand out benefits, expand programs, borrow endlessly, and then...

America’s Real #1 Enemy

COMMENT: I love my country. What if Russia and Iran are coordinating an exacerbation of a two front war against “West”? Russia just warned embassies in Kiev to...

Europe Explores Wealth Taxes, Capital Taxes, and Exit Taxes

  The European Commission has now openly published a two-volume study examining “net wealth taxes,” “capital taxes,” and perhaps most alarming of all,...

PRIVATE BLOG – The Illusion of Wealth & Debt Crisis

PRIVATE BLOG – The Illusion of Wealth & Debt Crisis Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn...

From Taxation to Confiscation

Governments always begin with taxation because it is the most straightforward and politically acceptable means of raising revenue, yet history has shown repeatedly...

France Moves Its Gold Home as the Sovereign Debt Crisis Quietly Unfolds

The Bank of France has just completed a major restructuring of its gold reserves, selling 129 tonnes of gold previously stored at the Federal Reserve Bank of New...