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Sovereign Debt Crisis

The Debt Ceiling Hits Pi – $31.4 Trillion

The debt ceiling has currently hit $31.4 trillion (Pi), representing borrowing that the Treasury undertakes to fund its financial obligations, ranging from...

PRIVATE BLOG – As Goes Japan – So Goes Everything Else

PRIVATE BLOG – As Goes Japan – So Goes Everything Else Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to...

Russian Missile Lands in Poland

Russia fired a number of missiles at Ukraine taking down power grids and hitting Lviv which is just 50 miles from Poland.  It appears that two of those missiles...

US National Debt to Surpass 185% of GDP

The Congressional Budget Office warned that US federal debt is expected to rise 185% within the next 30 years. Total debt holdings could double the size of US GDP...

China Banking Crisis & the Unsuspecting World

While authorities have accused a private financial group of misleading members of the public with promises of high-return wealth management products, what is not...

European Central Bank to Raise Rates Amid Record Inflation

Inflation in the euro area reached a record high of 8.1% in May across the 19-member states. It is no longer possible for the European Central Bank (ECB) to release...

European Debt Crisis Unfolding on Target

The European Central Bank (ECB) has a major crisis beginning. The free markets always win, and the spreads on the interest rates among the member of the EU are...

Sri Lanka – First Emerging Market to Default

Sri Lanka has defaulted on its debts for the first time in its history. It has faced an economic and political crisis triggered by global shock waves from the...

PRIVATE BLOG – The Crisis in Europe Beyond Belief

PRIVATE BLOG – The Crisis in Europe Beyond Belief Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

The Sovereign Debt Crisis Arrives

While the world is turning, the economic crisis emanating from the SovereignDebt Crisis in Europe is propelling a very serious outlook as we head into 2022. I have...