How to spend $9 trillion in 10 years. How in the financial world did we end...
If we do a slow rewind back to 2001 U.S. debt stood at $5.8 trillion. This today would seem like a bargain. So how in the world did we end up with the current $14.3 trillion figure in a matter of ten...
View ArticleUS households already went off their fiscal cliff and breached their debt...
Few people realize that the debt ceiling is aligning right on track with the fiscal cliff. Total public outstanding debt is now at $16.369 trillion and is only $63 billion away from breaching the...
View ArticleWhat the heck? U.S. Public Debt up $518 billion in November alone: U.S. debt...
You might remember that back in March, we hit our debt ceiling limit. The amount registering on the U.S. Treasury Department website was stuck at roughly $18.15 trillion. Of course given our...
View ArticleAs the debt bubble grows: US Gross National Debt to Spike by 800 Billion...
It is rather clear that we are spending beyond our means like a young college graduate with their first paycheck. Consumer debt continues to spin wildly out of control and the government continues to...
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