$37 Trillion and Counting: America’s Debt Spiral Has No Brake Pedal
The United States has racked up more than $37 trillion in national debt, a colossal tab that casts a long shadow over the country’s financial future and economic footing. For…
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From Pennies to Properties: The Untold Story of Crypto’s Impact on Homeownership
Recent analysis from the Office of Financial Research (OFR) reveals that increased household exposure to cryptocurrency is reshaping financial behaviors, particularly in debt accumulation. OFR Report Reveals the Growing Influence…
Billionaire Investor Stanley Druckenmiller: ‘We Have a Reckoning’
Stanley Druckenmiller has warned about the pernicious effects of the budget deficit and the growth of U.S. public debt. The investor stated that the country faces a reckoning, but timing…
BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized…
Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout
Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this…
Russian Finance Minister: Western Policies Hurt the US Dollar
Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated…
Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin
Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the…
Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt
President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for…
Peter Schiff: Fed Is About to Make Major Policy Mistake That Will Crush US Dollar, Reignite Inflation
Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s…
Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise…
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