Trump faces multiple lawsuits while the Bidens operate freely in Ukraine, highlighting the power and influence of money in a corrupt world driven by debt. US debt has exponentially increased from 1 trillion to 32 trillion, causing concern about when the bubble will burst and the risk associated ...
17:39A banking crisis is on the horizon as interest rates rise and debt in real estate and government sectors grows, leading to widespread home foreclosures, while protests against corruption and low living standards were halted by the pandemic and governments printing trillions of dollars, causing...
Between June 2022 and June 2023, the US economy, measured by nominal GDP, grew by $1.55 trillion. During the same period, federal government spending increased by $948 billion, accounting for 60% of economic growth. When nearly $1 trillion is injected into the economy in such a short time...
5. Estimated losses to the entire US banking system soared during this crash, and peaked in early 2009 at roughly $2.7 trillion, only a modest fraction of which were subprime mortgages. Then expected growth rates recovered somewhat, asset values partially recovered, and estimated losses to US ba...
But this is even worse coming from someone like Manchin. Manchin voted in favor of all those trillion dollar stimulus packages. So it’s pretty rich to come back after printing trillions of dollars and then blaming inflation on the Fed. If Manchin read Pragcap he’d know that deficits ad...
Snowball Business Analyst Li Yan told the twenty-first Century economic news reporter that the scale of China's consumer goods market reached 30 trillion yuan, which is also a large number of Internet giants invested in the field. The penetration of online e-commerce in the retail market is ...
It’s called “Going Direct.” That’s the financial bailout plan designed and authored by former central bankers now on the payroll at BlackRock, an investment manager of $7 trillion in stock and bond funds. The plan was rolled out in Augu...
and I know on any given day you’re not going to say whether it’s expensive or cheap or whatever. But have we fixed enough of what got us into the mess to warrant being back at 10,700, or is this a bit of a bubble from all of the Fed accommodations and in all the things tha...
The US economy is trapped in an impossible debt situation, with the government’s interest bill reaching a trillion dollars and higher interest rates looming due to contracting bank credit. The cost of credit will rise as interest rates increase, independent of the Central Bank’s control, and ...
The House of Representatives and Senate both approved the relief package late Monday, along with 1.4 trillion dollars in government funding for the rest of the fiscal year, which ends on Sept. 30, 2021, sending the giant spending bill to the president to sign into law. ...