Category : Debt crisis
Breaking down America’s worst long-term challenges
Today, the national debt stands at more than $21 trillion.
China remains largest buyer of US debt amid Trump trade war and Japan sells off
Beijing is the largest holder and buyer of the US Treasury securities despite the two countries being engaged in a spiral of mutual trade restrictions.
The State of the American Debt Slaves
Total consumer credit rose 5.1% in the first quarter, compared to a year earlier.
Will A Debt Build-Up Cause Gold To Soar ?
Despite misguided economic policies and rising geopolitical tensions, the long market expansion has prevailed. But times may be changing.
Venezuela’s once-promising gold industry is in utter shambles
The once promising Venezuelan gold industry is in a total mess, despite government efforts.
Stock markets ‘right on the brink’ of 50% crash, financial expert warns
US stock markets are currently passing through the same peaks they faced 11 years ago, right before the massive sell-off that triggered the 2008 financial crisis, according to Phil Town, who sold his stocks before the crash.
The looming debt crisis will hurt these Americans the most
The Congressional Budget Office confirmed on Monday what many Americans and all politicians already know: the United States is in a deeply precarious fiscal position.
Global debt mountain climbs to record $237 trillion in 2017
The global debt mountain continues to grow.
Senator proposes legislation to end student debt crisis
The student loan debt crisis made headlines on March 22 after Senator Brian Schatz, along with other legislators in Washington, introduced the Debt-Free College Act, an act that will reportedly reverse the debt crisis in America.
Venezuela Tries To Pay Russian Debt With Cryptocurrency
Venezuela's government wants to pay off its russian debt with its new cryptocurrency, the Petro.