I know this sounds crazy, but ISIS just cut the pay to all state members by 50% This comes on the back of rapidly declining oil prices that have no doubt put a pinch on ISIS's cashflow. What I find most offensive is how quickly ISIS did what we in America have needed to do for decades yet can't seem to get done. CUT GOVERNMENT SPENDING!Today's show is going to focus on the global economic conditions facing countries around the world and the sovereign debt that's on the verge of collapsing the global economy.This is not a joke. The threat is real. I don't know when it will come or what the tipping point will be, but the threat is real and present.We'll also talk a little about Palin's endorsement of Trump and the effort of some 7,500 students to get their loans forgiven.It's a mad, mad world. Here's to surviving it together.Support the show.