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Tag: Soveriegn Debt Crisis

Japan – China – US Debt

  Japan remains the largest holder of the US as of May 2024, holding $1.186 trillion in Treasury securities and 14.7% of all foreign-owned US debt. China has...

Interest on US National Debt Hits New Record

Government spending has consequences. The US national debt has surpassed $34.6 trillion at the time of this writing and continues to grow every minute. America has...

Bankers & Interest

The history of interest rates is provided on this site. Interest rates in a developed economy reflect the “option” value on the expected decline in purchasing...

INSANE New Tax Proposal – Stealing from Citizens Legally

Success is a punishable offense in Biden’s America. Joe Biden and his administration would like to implement a 44.6% tax on capital gains, the highest tax on...

Global Taxation – Proposal to Fight Climate Change and Poverty

Finance ministers from France and Brazil are urging the G20 to implement a minimum 2% tax on billionaires in an effort to fight climate change and poverty. Everyone...

Collective Debt – We Must All Pay for Student Loans

Biden is destroying the financial future of generations with his reckless spending in an attempt to buy votes. Fed Chair Powell nearly admitted it in his interview...

Moody’s Downgrades Chinese Debt

Moody’s has downgraded the outlook on China’s credit rating from “stable” to “negative” due to concerns about the...

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...

Argentina’s Economy Collapses

Argentina’s economy has collapsed. Around 57% of adults in the nation are currently unemployed. The Socialist nation has programs in place to compensate, costing...

Global Unemployment

COMMENT: Dear Mr. Armstrong, According to a survey done by an online HR/recruitment firm (link attached above), 1 in 5 of Malaysians lost their job due to MCO...