ON AIR NOW
Click to Play
It's a great morning to crank "No Brakes" by The Offspring. Why? Because the United States government has officially blown through $40 trillion in national debt, another milestone that would almost be impressive if it weren't so outright grot
...Just As The U.S. National Debt Reaches $40,000,000,000,000
It took the US 200 years to reach its first $1 trillion in debt. It took 95 days to add its last.
The cost of servicing US debt is the highest in decades: On Thursday, the US government sold $25 billion of 30Y Treasury bonds at a 5.216% yield, the highest auction yield since 2001.
Since 2020, the cost of servicing US public debt has nearly TRIPLED.
...than during Covid.
Sen. Rand Paul's recent Fort Knox gold tour has reignited controversy over the lack of a comprehensive, independent audit of U.S. gold reserves.
Trump is a mechanical engineer now, hoping to make steam engines great again.
Politicians convinced themselves that the debt did not matter because Japanese institutions held most of it and the Bank of Japan could always purchase whatever the private market rejected.
A record $432B July deficit, $40 trillion in debt days away, gold above $4,400... last week's fireworks were just the opening act.
That's over $15 billion a day.
The countries with the largest government debt totals are not necessarily those carrying the heaviest debt burdens. The picture changes considerably depending on whether debt is measured in dollar terms or relative to the size of a country's econom
The rapid proliferation of artificial intelligence and supercomputing technologies has many Americans worried about the future of their careers.
Former HIV outreach worker and biological male Rubi Lama lost a job he'd held for nine years when U.S. funding vanished from a health program in Nepal. He tested people, counseled those at risk, and helped sex workers avoid infection.
The House of Representatives voted late Tuesday night to fully fund the government through a short-term continuing resolution until December 4 as another government funding deadline looms.
While 100% of American Federal Governments are operating with a budget deficit, the Federal Government faces constant scrutiny, but these cities avoid scrutiny even while in close proximity to the communities they overspend for
Deficits of $1.4 dollars in 9 months keep adding to a debt stock now around $40 trillion dollars, and because the average rate on outstanding marketable debt, roughly 3.3% percent, still sits below prevailing market yields, every maturing security te
The United States has crossed a milestone that Washington has spent decades pretending would never arrive. Federal debt held by the public has now exceeded 100% of GDP for the first time since the aftermath of the Second World War.
The conversation focused on the looming crisis of the U.S. national debt, which recently surpassed $39 trillion, and examined how political and financial leaders might address this challenge.
Trillions in hidden distress and deferred losses are emerging as borrowers run out of time and options. America's debt reckoning has begun.
Catherine Austin Fitts, former U.S. government official and investment banker, warns that rapidly developing technologies - from programmable money to AI surveillance - could fundamentally reshape personal freedom. She explores how digital systems
...to finance its growing debt burden
We will find out soon, and I think most people will be blindsided.
Recent Washington mayhem added powerful momentum to the fiscal doomsday path upon which the Federal government was already hurtling.
On Tuesday, Peter appeared on Kiko News to warn that markets and the public are underestimating how costly the United States' borrowing binge will become.
Great nations are rarely destroyed in the way Hollywood imagines. Most people still think empires collapse under missile strikes, invasions, assassinations, revolutions, or dramatic military defeats broadcast live across television screens.
Memorial Day compels Americans to confront a word we avoid: debt.
Annual US public spending has been in deficit for decades. As a result, total US debt continues to increase year after year with no end in sight.
The American economy now has a new slogan: Buy now. Pay later. The idea is spend now.
