It means the national debt equals one year of Gross Domestic (National) Product (GDP). So if we used the full value of what the US produces for one year just to pay off that debt, that would just do it. And 50% means the debt would be paid off in six months of using the full...
Good! Here’s the graph of how the death patterns will likely go for 100k people born the same year as you: So if you are a man born in a particular year, you won’t lose your first 10k cohort members until you’re about 55. In the next decade by age 65, you’ll lose another...
After the first year of revolution, this power had been stripped away. The king was a figurehead, the nobility had lost all their titles and most of their land, the Church lost its monasteries and farmlands, bishops, judges and magistrates were elected by the people, the army was almost he...
Surprisingly, debt is best predicted from the wiring patterns of the same year, and then the prediction quality decreases as the pre- diction horizon increases, which suggests a short term effect of the trade pattern of a country on its debt level. In contrast, the prediction qualities of ...
This work was supported by the National Natural Science Foundation of China (22173038 and 21775060). We thank the Supercomputing Center of Lanzhou University for providing high-performance computing resources. We acknowledge help from J. Xu, the author of RaptorX22, as well as help from M. Jian...
Forgiveness of debt may really help some people, but in many cases big choices have already been made. If there is inequality in those initial choices, then loan forgiveness will not solve those inequalities. We know that white 18 to 24 year olds are more likely to enroll in college than ...
aCentral banks in most developed nations (e.g. UK, US, Japan and EU) are forbidden by law to buy government debt directly from the government and must instead buy it from the secondary market. 中央银行在多数发达国家(即。 英国、美国、日本和欧共体)是法律禁止的买政府债务直接地从政府,并且必须...
By Pam Martens and Russ Martens: December 10, 2020 ~ If you suffer from chronic nightmares, experience migraine headaches from stress, or have anger
It even grew underTrump, who promised to cut the deficit and reduce the national debt. TheEconomistconfirmed this trend when it released a cover story titled “The Triumph of Big Government” last week (November 20, 2021). It looks like the Biden administration wants to make the government ...
2. ECB does a “good job” at doing what it is meant to do by the treaties – target year-on-year HCIP inflation Here I have two main arguments: a) Is it really how price stability is defined in a treaty? Please read the first link in the article – it is ECB’s governing cou...