Government Debt

This tag is associated with 5 posts

Will The US Economy Collapse Soon?

After a weak first quarter, America’s financials are bloated while the real economy is barely a step away from recession, however, the overall economy is closer to a lengthy stagnation rather than a full-blown demise. By Kristian Rouz, Sputnik News US economy has not fared well in 2015 thus far, staggering and almost nearing a halt … Continue reading

It Is Mathematically Impossible To Pay Off All Of Our Debt

Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? By Michael Snyder Today, the debt of the federal government exceeds $145,000 per household, and it is getting worse with each passing year.  Many believe … Continue reading

The Debt To GDP Ratio For The Entire World: 286 Percent

Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet?  And since close to 3 billion of those people survive on less than 2 dollars a day, your share of that debt is going to be much larger than that.  If we took everything that … Continue reading

China’s Debt Crisis: Addressing The Problem But Missing The Mark

By Stratfor Global Intelligence China is granting local governments greater autonomy by allowing them to swap up to $160 billion in outstanding loans for lower-interest, slow-maturing government bonds. The program will provide a crucial buffer against local government debt crises in 2015 and beyond. The initiative may reduce economic stress in the near term but fails … Continue reading

Barack Obama Says That What America Really Needs Is Lots More Debt – OpEd

By Michael Snyder When it comes to taking a chainsaw to the future of America, nobody seems more eager than Barack Obama.  Despite the fact that the U.S. national debt is on pace to approximately double during his eight years in the White House, he has just proposed a budget that would take government spending … Continue reading

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