The Government is Stacking $1 Trillion of Debt Every 100 Days What is Really Going On? U.S. Dollar Down 40% Since 2000 – Gold Up 700% The current Administration’s Neck-Breaking Spending Spree has no end in sight! The U.S. national debt has ominously soared and is shattering records with each passing quarter. Since Spring 2023, […]
A recent report by the Congressional Research Service (CRS) noted, “Of particular concern is that the new interest rate environment could accelerate the timeline for reaching a ‘tipping point’ where GDP growth is persistently and adversely affected or a default on the debt… becomes imminent.” As deficits persist at historically high levels and the national
US National Debt Tops $34T: How Much Debt Is Too Much Debt? Read More »
Harry Dent warns an ‘everything bubble’ will burst in the new year “Since 2009, this has been 100% artificial, unprecedented money printing and deficits; $27 trillion over 15 years to be exact. This is off the charts, 100% artificial, which means we’re in a dangerous state,” Harry Dent told Fox News. “I think 2024 is
US Economist Predicts 2024 Will Bring ‘Biggest Crash of Our Lifetime’ Read More »
Last year, the government rang up a $1.7 trillion deficit: $659 billion on net interest costs in fiscal 2023 to finance the debt. Dalio said that is a recipe for trouble. Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio said Friday. “Economically strong
According to Ing, the biggest global economic threat is growing debt problems in the U.S. Since 08 the supply of Treasuries has risen 5X to more than $25 trillion. One of Toronto’s oldest boutique investment firms is warning investors that gold could be a good asset to own as the world faces significant threats in
Investors Will Want to Own Gold as ‘America Faces a Debt Reckoning’ Read More »
Moody’s lowered its US credit outlook on Friday to “negative,” signaling a possible downgrade in the future. The ratings agency cited ballooning deficits and political dysfunction. Gross interest on Treasury debt securities jumped 87% from a year ago, fresh data showed. Interest payments reached $88.9 billion last month, as the government finances higher deficit spending.
US Debt Interest Costs Skyrocket 87% as New Federal Fiscal Year Begins Read More »
“In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues, Moody’s expects that the US’ fiscal deficits will remain very large, significantly weakening debt affordability.” “Continued political polarization within U.S. Congress raises the risk that successive governments will not be able to reach consensus on a
US Credit Rating Outlook Lowered to ‘Negative’ by Moody’s as Shutdown Looms Read More »
