
As Debt Rises, the Government Will Soon Spend More on Interest Than on the Military
• CNBCThe federal government could soon pay more in interest on its debt than it spends on the military, Medicaid or children's programs.
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The federal government could soon pay more in interest on its debt than it spends on the military, Medicaid or children's programs.
Contrary to widespread belief, imports do not subtract from GDP despite the fact that imports are part of the equation.
predict it will hit US within two years as $247trillion global debt outdoes 2008...
The Census Bureau has published its latest report on income and poverty: "Income and Poverty in the United States, 2017
Trump breaks 50 year old record....
Ten years ago, it was too-easy credit that brought financial markets to their knees. Today, it could be a global debt of $247 trillion that causes the next crash.
Ten years after the Lehman bankruptcy, the financial elite is obsessed with what will send the world spiraling into the next financial crisis.
The Gathering Storm In The Treasury Market
Previews of the coming reckoning...
As a presidential candidate, Donald Trump correctly called the economy a "big, fat, ugly bubble." The bubble is now much bigger, but President Trump has stamped his name on it. Interest rates are now rising. Is the end of the everything bubble near?
Existing home sales are slowing. Can a recession be far behind?
For the first time in history, US household wealth has surged above the $100 trillion mark, fueled by the rise in the value of stocks and properties. However, analysts say the unsustainable growth in household wealth could cause a crash, which may le
Chris Duane Video-Maunfactured strength of the dollar affecting the world's economy
A decade after the global financial crisis, the world is facing another crash even bigger than the one in 2008, veteran stock broker Peter Schiff, CEO of Euro Pacific Capital, told RT.
Our debt-based fiat money system poses an existential threat...
Every month, the NY Fed conducts a survey of consumer expectations. The lead chart is from the Fed, I created the others
Americans are most forgiving of their former Presidents. When they leave office, most people forget about all the shenanigans and sweet heart arrangements. On the surface, Obama looks like a relative novice when compared to the Bushes and Clintons.
The U.S. war industry raked in $5,408,112,575 worth of foreign military sales (FMS) during June 2018. Notable items included $1.12 billion worth of Lockheed Martin F-16 aircraft for Bahrain and $1.5 billion worth of Boeing F-18 aircraft for Kuwait. E
White House Council of Economic Advisors Kevin Hassett presents evidence of the difference of deregulation and tax cuts on the US economy. There seems to be improved capital spending and business confidence.
Despite the recent pullback in the high end of the market, the prospect of buying property in New York City will likely remain hopelessly out of reach for most millennials.
Former Fed Chair Yellen promotes "Lower for Longer", a policy in which the Fed knowingly keeps interest rates too low.
If you want to be the master of your own domain, you can if you have an extra $1.7 million sitting around. And we're not talking about a nice-sized house. We're talking an entire town in Georgia.
In the decade since Lehman's failure, investors - many of whom were replaced by algos, robots and other "passive investing" allocating automatons - have been plagued by doubts about what is now the longest bull market on record over fears that the ar
The Fed's increasing reliance on the asset price channel of the monetary transmission mechanism over the past decade has been to "jack up" or inflate assets, hoping the "wealth effect" stimulates aggregate demand. Household net worth is n
Echoing yesterday's unexpected PPI drop, Consumer Price growth slowed dramatically in August, missing expectations by the most since May 2017 (following the first monthly drop in PPI since Jan 2017) sparking a drop in the dollar and bond yields.
In response to the Trump tax cuts, corporations are repatriating record levels of cash.
POTUS praises "best Economy in the history of our country"
These films are worth watching to be reminded of what happened, why it happened, and why it may not be over.
A Fundamental Way"... Anecdote Central banks have created yet another asset bubble that will lead to a deflationary collapse just like 2000 or 2008, explained the famous investor.