By Egon von Greyerz
With stocks, bonds and property in major bear markets, investors are desperately hoping (and praying) that the Fed and other Central banks will come to their rescue. But this time it...
https://fiscaldata.treasury.gov/americas-finance-guide/government-revenue/Fed is aiming for a fed fund rate of 5%.0.05 x 31T debt = 1.55TUS Gov collected 4.41 Trillion worth of revenue this year from taxesSo assuming revenue is 4.5T next year. That's...
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By Tyler Durden
A high debt-to-GDP level and over $30 trillion in public debt have become a massive problem and a political hot potato in Washington.
It appears the Biden administration and the Federal Reserve...
Authored by Bryan Jung via The Epoch Times,The average credit card debt held by households in the United States surged by 13 percent in the second quarter, the largest increase in such debt since 1999, according to...
