The IMF figure for the USA’s debt-to-GDP ratio of 131.2% includes both of these figures. Debt Held by the Public Some sources count only the debt held by the public as the national debt. According to the Congressional Budget Office, debt held by the US public is 79% of GDP ($16....
and even sooner in America. With the closedown of HMV, that music-retailing giant, still fresh in everyone's minds, real bookstores appear to be on borrowed time. So, what is the future
It measures everything our economy produces in dollars and cents—if GDP is on the rise, you can bet your bottom dollar we’re likely cruising into an expansion phase. Think of GDP growth as that friend who always shows up to your party first—it sets the mood for what’s coming. In...
Silicon Valley, California, USA: Industry:Technology Description:Silicon Valley is a renowned technology hub located in the San Francisco Bay Area of California. It is home to numerous tech giants, startups, venture capital firms, research institutions, and skilled tech professionals. ...
1) the UK is one of the largest economies in the world; or at least, larger Australia as you mentioned in Q2. LIBOR is used because of convention; things are already settled. Also, London is the biggest FOREX market in the world with 1/3 daily turnovers of the world. Why? It's be...
The International Monetary Fund economic outlook for the U.S suggest that GDP totaled $18.5 trillion in 2016 and exports account for almost 8% of the country’s economic output. All figures based on OEC 2016 projections unless otherwise stated Top US Exports Here is a breakdown of the most ...
I think that perhaps the reason for this might be the current narrative, which is doomsday apocalyse (think of climate change and species extinction in particular). It’s also got something to do with how we think about the future generally, which is logical but hugely unhelpful (we simply ...
GDP in the third quarter is likely to have increased slightly at best. In the United States, the moderate upwards trend is expected to have continued in the third quarter. Private consumption and corporate investment provided slight impulses. There are clear signs of improvement in the housing ...
China is also running a 5% deficit but can outgrow it. The US is in much better shape to outgrow it's debt, than Japan or Europe. The US has been, and will continue to grow twice as fast as both at least. The US deficit was larger as a % of GDP but the % of GDP that is ...
Money laundering is an illegal activity that makes large amounts of money generated by criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source. The money from the criminal activity is considered dirty, and the process “launders” it to loo...