Euros & Dollars: Joe Biden’s Debt Bomb
03.06.2024
In the last two months, the market for U.S. debt has been relatively quiet, at least on the surface. That is about to change in the coming months—and change for the worse.
debt
Fiscal Forecast America: Farewell to State Independence
28.04.2023
The U.S. government has a debt of $31.5 trillion. This is equal to almost 130% of the country’s gross domestic product, GDP.
Is the Global South's Economy About to Collapse?
01.12.2022
Do you remember the 1980s? Gloria Steinem, theater, extreme fashion, heavy metal, breakdancing, and mixtape? A strange era which is still widely celebrated. But not in Latin America where they consider the 80s, “The lost decade”. Why?
Global Planned Financial Tsunami Has Just Begun
21.07.2022
Since the creation of the US Federal Reserve over a century ago, every major financial market collapse has been deliberately triggered for political motives by the central bank.
A Debt Jubilee is the Only Way to Avoid a Depression
23.03.2020
Even before the novel coronavirus appeared, many American families were falling behind on student loans, auto loans, credit cards and other payments. America’s debt overhead was pricing its labor and industry out of world markets.
Bubble of the global debt
28.10.2019
From where does the financial bubble come? Permanent resale of $ 100 bills in the economy turns into thousands, millions, even billions. And the more people earn money and put in the bank, the more the bank can create new loans. Money in the economy is inceasing more and more. Total debt is increasing. The financial bubble is inflating.
Question of Credit Money and Problem of the Crises
27.12.2018
Famous Russian economist about contemporary system of neoliberal capitalism
Chinese Agency lowered the US sovereign credit rating
25.01.2018
Chinese credit agency Dagong has lowered the United States’ sovereign credit rating. Slapping it down from A- to BBB+, placing the US on a negative outlook. This rating is now on par with those of Peru, Colombia and Turkmenistan.
