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According to JP Morgan, Federal Reserve speeches are becoming increasingly dovish.
More than half of consumer inflation articles are below the Federal Reserve's target level of 2%.
More credit card borrowers are falling behind on debt payments, reaching delinquency levels unseen since the Great Financial Crisis.
Global revenue and financial results (in millions) for Coca-Cola over the past decade.
It took 18 years for the balances of U.S. credit cards to increase by $367 billion.
The next $367 billion? The U.S. got there in just 3 years.
The next $367 billion? The U.S. got there in just 3 years.
How serious will the debt crisis in the USA become?
The unfunded liabilities that U.S. taxpayers will face over the next 75 years are estimated at $78.3 trillion.
According to the Treasury's financial report for the 2023 fiscal year, the U.S. will spend $215.7 trillion on Social Security and Medicare during this period.
Tax revenues for the same period are projected to be only $137.4 trillion.
The U.S. Treasury estimates that the funding shortfall over the 75-year forecast will reach $175.3 trillion.
For comparison, this is almost as much as all the expenditures since the adoption of the Constitution in 1787, even adjusted for inflation.
The unfunded liabilities that U.S. taxpayers will face over the next 75 years are estimated at $78.3 trillion.
According to the Treasury's financial report for the 2023 fiscal year, the U.S. will spend $215.7 trillion on Social Security and Medicare during this period.
Tax revenues for the same period are projected to be only $137.4 trillion.
The U.S. Treasury estimates that the funding shortfall over the 75-year forecast will reach $175.3 trillion.
For comparison, this is almost as much as all the expenditures since the adoption of the Constitution in 1787, even adjusted for inflation.
Circle (issuer of $USDC ) announced their return to the USA last week. Is something changing in the USA's stance towards #crypto companies?
Klaus Schwab will step down as Executive Chairman of the World Economic Forum, the organization he founded over 50 years ago.
Just last year, Politico reported that he planned to remain in his position until his death.
Just last year, Politico reported that he planned to remain in his position until his death.
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