Socio-Economics History Blog

Socio-Economics History Blog

Month: May 2026

Luke Gromen: This Year We’re Set to Spend Almost 5 trillion in Interest And Entitlements Alone, Which is Nearly All of Receipts

by mosesman

“This year we’re set to spend almost 5 trillion in interest and entitlements alone, which is nearly all of receipts.” – @LukeGromen Even a 20% cut to defense and entitlements would trigger a recession that blows the deficit back to 9-13%. “Thank you for playing. Game over.” pic.twitter.com/mQcloa2fQ7 — TFTC (@TFTC21) May 20, 2026

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The Great De-Dollarisation: BRICS+ Launches All-Out Assault on US Financial Empire

by mosesman

???? The Great De-dollarisation: BRICS+ launches all-out assault on US financial empire The US has weaponised its control of the global financial system — SWIFT, the IMF and all — to punish nations that refuse to follow its geopolitical script. Americas unilateral sanctions on… https://t.co/3QNIIjaCKv pic.twitter.com/VNKPIDnq45 — Sputnik India (@Sputnik_India) May 20, 2026

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