US national debt Archives

Economy

US national debt surpasses $35 trillion for first time, raising economic...

PGurus Newsdesk - July 30, 2024 0

Ballooning US debt a ticking time bomb for world economy The United States federal government's total public debt has exceeded $35 trillion for the first...

The gross national debt has grown at an alarming pace since then -- by $1 trillion in the last three months alone

US Politics

US national debt rises to $33 trillion as govt shutdown looms

PGurus Newsdesk - September 21, 2023 0

Treasury yields highest since 2007 after US debt hits a record $33 trillion As the US national debt passes $33 trillion and a government shutdown...

The one and the only real reason why prices go up on a secular basis are that governments live beyond their means and they use the central banks to monetize their deficits

Opinion

Crude oil @ $100/ barrel and Murder on the Orient Express

Shanmuganathan Nagasundaram - February 24, 2022 0

No moral dimensions are involved in explaining oil prices but there are powerful economic blind spots at work In the Agathe Christie fable of Murder...

Inflation | What we are living through is a very unique period and there is no precedence to a bubble built on fiat money in the asset classes of bonds, equities, and real estate unraveling one after another

Economy

2022 – It is different this time

Shanmuganathan Nagasundaram - January 7, 2022 0

Most frightening decades ahead Regular readers should by now understand that we are looking at one of the most frightening decades ahead. Whether it is...