Trump’s Fiscal Rhetoric Fails at First Hurdle, Endorses Huge Debt and Deficit Increases
Not a month ago, Wal reported that Trump had dismantled USAID, the $42 billion soft-power arm of the CIA and Pentagon,…
Tag: Debt
US Debt Per Citizen Grows 10% Faster Than the Population Since 2008
Financial analysts have looked at the growth rate in the share of the national debt per citizen and found…
After 100 Days of ‘Shock Therapy’ Milei Retains Robust Support Even from Struggling Argentines
The “first 100 days” is used as a political measuring stick around the world to gauge the progress of…
11/01 End of the Empire: The End of the Empire Could Look Like This—plus Other News
End of the Empire is a twice-monthly feature on all news relating to the transition from the unipolar world…
Record-High GDP Print Disguises Sorry State of US Economy as a Half-Dozen Recession Indicators Continue Flashing
News reports hailed the recent third-quarter advance estimate for GDP of 4.9% as a sign of the “resilience” of…
US Deficit Is Projected to Roughly Double this Year: Watchdog
According to projections from the Committee for a Responsible Federal Budget, the US federal spending deficit for the fiscal…
For America to Pay Her Bills, the Debt Ceiling Doesn’t Need to be Raised: Why the Confusion?
ITALY, May 26th, 2023. In the bargaining over raising the debt ceiling, not one member of Congress, the Treasury…
Debt Ceiling Circus: How Much Debt Does the Federal Government Really Have?
As negotiations continue in Congress over a potential deal to raise the debt ceiling, the full picture of the…
England Throws In the Towel Against Inflation, Announces Quantitative Easing
A statement from the Bank of England in the midst of their currency plummeting in value reveals a substantial…
Much of South Asia Poised to Follow Sri Lanka into Economic Ruin
PICTURED: Anti-government protest in Sri Lanka on April 13, 2022 in front of the Presidential Secretariat. PC: AntanO. CC…