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Visualizing The US Debt Ceiling (In $100 Bills)
The United States owes a lot of money. For now, there is no debt ceiling – it has been suspended – but in 10 days that changes, and who knows what happens then. For some context as to just how much...
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$21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb...
According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars. Other estimates put that figure closer to 200 trillion dollars, but for the...
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The US Is About To Hit $20 Trillion In Debt: Here’s How It Affects You
Authored by Shaun Bradley via TheAntiMedia.org, As the vulture pundits in the mainstream media pick apart hollow political scandals, the essential bankruptcy of the federal government looms just ahead....
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The Debt Ceiling Deadline Has Passed, And Now The Biggest Test Of Donald...
On Wednesday, the temporary suspension of the debt ceiling ended, and so now the federal government is not going to be able to go into any more debt until the debt ceiling is raised. For the moment,...
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The Long Run Economics Of Debt Based Stimulus
Authored by MN Gordon via Acting-Man.com, Onward vs. Upward Something both unwanted and unexpected has tormented western economies in the 21st century. Gross domestic product (GDP) has moderated...
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America’s March To Default
Authored by MN Gordon via Acting-Man.com, Style Over Substance “May you live in interesting times,” says the ancient Chinese curse. No doubt about it, we live in interesting times. Hardly a day goes...
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After Dramatic Obamacare Failure, Trump Now Faces A Looming Government...
If you thought that the Obamacare debacle was bad, just wait until you see what happens next. The continuing resolution that is currently funding the government expires on April 28th, and if a new...
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CBO Warns Of Fiscal Catastrophe As A Result Of Exponential Debt Growth In The...
In a just released report from the CBO looking at the long-term US budget outlook, the budget office forecasts that both government debt and deficits are expected to soar in the coming 30 years, with...
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Soaring Global Debt Sets Stage For “Unprecedented Private Deleveraging”
Authored by John Rubino via DollarCollapse.com, The UK’s Telegraph just published an analysis of global debt that pretty much sums up the coming crisis. Here’s an excerpt with a couple of the more...
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The Debt Crisis Of 2017: Once Their Vacation Ends, Congress Will Have 4 Days...
April 2017 could turn out to be one of the most important months in U.S. history that we have seen in a very long time. On April 6th, Donald Trump attacked Syria on the 100th anniversary of the day...
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Credit Card Nation: Why The Facebook Killer And The U.S. Congress Have A...
Most Americans have seemingly convinced themselves that as a society we will never pay a great price for going into so much debt and that we will never pay a great price for the horrendous crimes...
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Democrats: Trump Must Surrender On Funding For A Border Wall To Avoid A...
Is Donald Trump going to unconditionally surrender to the Democrats and completely give up his dream of building a border wall in order to avoid a government shutdown on his 100th day in office? As I...
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Why There Will NEVER Be A Political Solution To America’s Problems
Why do things never seem to change no matter who we send to Washington? It seems like for decades many of us have been trying to change the direction of this country by engaging in the political...
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This Has Never Happened Before…
With debt ceilings, spending plans, and tax reforms focusing all eyes on Washington, we thought it notable that for the first time in US history, the cost of interest on US government debt has risen...
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Visualizing Who Holds U.S. Debt Internationally
We recommend viewing the full-size version of today’s infographic by clicking here. Everyone knows that the U.S. Federal Government has roughly $20 trillion of debt. A question we often get, however,...
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Déjà Vu In The USD Bull Market?
By Chris at www.CapitalistExploits.at What in God’s name is happening? It’s not a high. It’s a record high. Sweet mother of Mary… As we can see from the above chart courtesy of the FT, emerging markets...
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Want To Understand Rising Wealth Inequality? Look At Debt & Interest
Authored by Charles Hugh-Smith via OfTwoMinds blog, "Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This...
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Handout Nation: Combined Enrollment In America’s 4 Largest Safety Net...
Margaret Thatcher once said that the problem with socialism “is that eventually you run out of other people’s money”. As you will see below, the combined enrollment in America’s four largest safety...
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“Precarious” Debt Crisis “Could Reverberate Around The World”
Authored by Dambisa Moyo, published op-ed by The FT, Virtually every class of US debt — sovereign, corporate, unsecured household/personal, auto loans and student debt — is at record highs. Americans...
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The Greatest Financial Bubble In History
Authored by James Rickard svia The Daily Reckoning blog, China is in the greatest financial bubble in history. Yet, calling China a bubble does not do justice to the situation. This story has been...
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