DrHaroldMandel.org/MandelNews.com Medical Heretic
DrHaroldMandel.org/MandelNews.com Medical Heretic
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The United States is headed for uncharted waters in its economic future. Regardless of what changes are made in the national budget the national debt keeps rising to staggering new heights. The gross national debt has recently been quoted at over 37 trillion dollars and rising by the moment at astronomical rates from the interest. Leading economists have sounded alarms over a possible fiscal crisis with a total collapse of the economy from this enormous debt with Moodys lowering the rating of the USA from Aaa to Aa1 following S&P and Fitch downgrades which marks the first time all three credit rating agencies downgraded the USA. These first of their kind critical problems with the US economy have run parallel to the unprecedented creation of a new era of overnight tech billionaires from unusually high amounts of stock issued in their names. Tech is certainly an interesting innovation that helps run businesses and personal interests smoother along with added dimensions of entertainment never seen before. However, a crisis has emerged from equating this development with a generalized mindset assuming the minds behind this are at the top in the universe and therefore that’s where all the money and influence should be. If this was a valid assessment why is it the nation and mankind have never before been in such trouble with the possible extinction of the entire human race on the horizons. With the present valuation of the further development of Artificial Intelligence valued in the billions and even trillions of dollars let’s consider only lunatics would invest so much in developing robotic self learning highly functional systems that can literally replace the human race. And as firms across the USA in every major sector are rushing to make more from selling less at higher and higher prices to the new elite billionaire sector more and more well educated Americans can’t afford anything including homes, cars, apartments, food, and healthcare. And so America is a wealthy nation for what percent of people actually? Already the country is really a third world nation with most of the wealth in the hands of a very few. It may seem absurd to consider setting the clock back and say what the USA and the world really needs is another agricultural revolution, not another tech revolution. Yet why is this absurd when more and more people in the country and worldwide are unemployed, homeless, and starving. And with emotional and physical pain and suffering at all time highs from this state of affairs among the general public what we need is more holistic compassionate human oriented healthcare, not more robotic interventions to alienate the public even more. Yet emotionally and intellectually gifted professionals who offer this warmth for the human spirit along with the farmers who create redder and juicer apples are valued at nothing and scorned as lacking the right kind of intelligence which deserves financial rewards in this cold and barren world which is being created. And the workers who built the framework of the entire society have been left overall with less than $400 in savings and are looking towards being disposed of too. And so clever schemes operating with business models of slavery in the old Confederacy of the USA sucked the life out of these workers to maximize their profits before finally throwing them in the streets to be exterminated as AI takes over. And it is the madmen who created this unsustainable set of realities for most of mankind who are seen as geniuses by the online syndicated press daily with their names everywhere and nobody else’s opinions, ideas or accomplishments meaning anything. What we are seeing is the evolution of an elite group of greedy selfish narcissists who have created a financial dictatorship and who have decided to wipe out as much of civilization as possible to increase their exorbitant profits. And yet they’re recognized as having the best minds mankind has to offer who therefore deserve to enjoy extravagant lifestyles while almost everyone else is now struggling daily to simply survive. (Harold Mandel) (Copyright)
Standard economic indicators such as the GDP do not accurately reflect the well-being of most people. Human Rights Watch has reported the United Nations Human Rights Council has been exploring reforms of global economic rules aimed at better aligning with human rights. It has been suggested that developing indicators give a measurement of progress other than simply Gross Domestic Product (GDP). It has been noted that there is not a consideration of human well-being and sustainability of the environment in the GDP. Human and environmental destruction of many economic activities are not taken into account in the GDP. New indicators beyond the GDP should reflect what is needed for economies to enable people and societies to thrive. Human rights should be at the core of considerations of new economic indicators. Power imbalances between the extremely wealthy and the poor must be addressed. These power imbalances lead to unequal general health and mental health outcomes, unfair legal outcomes, unfair access to quality education and unequal career and financial opportunities. And so it is clear we really do need human rights economies to serve as a more accurate reflection of the condition of most of the people instead of simply referring the GDP. Human Rights Watch
MarketWatch has reported that there is more at stake than social status with wealth in the USA because this can also actually lead to a very real difference between life and death. According to a report by the National Council on Aging (NCOA) and the LeadingAge Center at the University of Massachusetts older adults who have the least financial resources die on the average nine years earlier. Ramsey Alwin, chief executive and president of the NCOA has said “It is shocking and unacceptable that in the United States in 2025, poverty steals almost a decade of older Americans’ lives. Millions of older Americans who worked hard and played by the rules are dying early simply because they don’t have sufficient financial resources.” Marc Cohen, co-author of the report and co-director of the LTSS Center has said "Too many older adults are living on the edge financially, and this instability is literally cutting their lives short." Teresa Ghilarducci, a professor of economics and policy analysis at the New School in New York City has said "This bad news on class-based longevity keeps getting worse." The percent of elderly people in poverty went up from 9.9% in 2024 to 9.7% in 2023 according to the U.S. Census Bureau.
It is therefore clear that anyone in society who does not support your desire to be well off financially is your mortal enemy. And anyone who is trying to directly keep you down financially or steal your assets is actually trying to murder you and your family. Therefore the USA must act more aggressively than ever before to abolish psychiatry and prosecute all of the psychiatrists for their gross crimes against humanity including blatant financial murder of their victims. While claiming to be experts in mental healthcare psychiatrists consistently undermine the career and other vital financial interests of men, women and even children unfortunate enough to have been conned into or forced into being their patients. These leeches of society claim the mental health of their patients is a priority over worrying about money. This is a totally absurd and irrational position since in the world mankind has created it is simply impossible to be mentally healthy without the freedom and resocurces that only money can buy you. In times of mental health and mental illness everyone simply has a better chance for a brighter future with wealth.
The Financial Times has reported that credit rating group Moody’s has issued a warning dealing with the US fiscal outlook, with assertions President Trump’s trade tariffs could hurt the country’s ability to cope with an escalating debt and higher interest rates. Moody's has said America's “fiscal strength is on course for a continued multiyear decline." A negative outlook was issued to America's credit rating by Moodys in November 2023 with further deterioration since than. Although Moody's has noted the "extraorindary" resilience of the US economy, its analysts have raised concerns about the negative impact Trump's policies could have on the economy. Moody's has said “The potential negative credit impact of sustained high tariffs, unfunded tax cuts and significant tail risks to the economy have diminished prospects that these formidable strengths will continue to offset widening fiscal deficits and declining debt affordability.” Analysts and investors have shared concerns the rapidly rising debt and deficit of the US may ultimately undermine demand for Treasuries, which are important for the stability of the global financial system. The US federal budget deficit reached as high as $1.8tn for the fiscal year which ended September 30, which was an increase of 8 per cent from the previous year. The credit rating of the US plays a signficant role in the nation's debt affordability. FT
Enterpreneur has reported on tips for successful leaders by JPMorgan Chase CEO Jamie Dimon. Dimon is in charge of the largest bank in the U.S. which as of December 31 had about $4 trillion in assets. He has lead Chase for about 20 years since 2006. During a fireside chat with Adobe CEO Shantanu Narayen he discussed four principles which have helped him develop as a leader in the financial community. First, he recommends assessing everything "honestly, directly, forthrightly" dealing with performance. He says many companies don't follow this rule. And Dimon says "Don't try to use numbers to prove what you think. Try to use numbers to understand what you are doing." He went on to suggest that some people running things are a hot mess and they shouldn't be running things because they'll simply be a disaster. Dimon also thinks business leaders should have humility and grit. With humility he means it's important to show employees that you genuinely care about them and you should show you care about them and respect them. As for grit he means it's important to be able to quickly make decisions and stick with them. Entrepreneur
InvestmentNews has reported millions of Americans are worried they may outlive their assets. This finding was highlighted in Global Atlantic's March 2025 Retirement Outlook Survey. The survey focused on relatively affluent investors between 55 and 75 years old with $250,000 to $2 million in investable assets. Many of those surveyed said they're very worried. Most investors said what's important to them is having investments which generate a steady income stream. Many investors have said they have a positive view of annuities. A majority said it's extremely important to them to protect their assets. Financial advisors who focus on lifetime income strategies are seen as important.
As crypto markets heat up there has been speculation Shiba Inu could rally to $1. What is standing in the way of such a dramatic increase in value is the outstanding number of Shib tokens presently in circulation is about 589.5 trillion. With this many tokens outstanding a price of $1 would make Shiba Inu worth 157 times more valuable than Apple which isn't a possible scenario. However, via Shib burns the number of outstanding Shib tokens can be dramatically decreased by sending the burned tokens to a dead wallet and taking them out of circulation. Already about 410,742,813,612,330 Shib tokens have been burned. So the next move could be up to the anonymous creator of Shiba Inu, "Ryoshi".>>>The Motley Fool>>>Shiburn.com
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