Leading the Way for Future Growth
The nominal GDP of the United States is expected to reach $32.4 trillion in 2026, compared to just $23 trillion for the European Union, according to forecasts by the International Monetary Fund (IMF) (World Economic Outlook, Global Economy in Crosscurrents of War and Technology) . This means that the combined economies of the 27 EU …
The U.S. Treasury Department is expanding its long-term debt repurchase program, sending bond yields lower. The announcement comes at a time when markets are closely watching the management of the public debt and moves in government issuance. The increase in the scale of the repurchase signals a more aggressive approach to managing the government’s long-term …
Greece has taken out loans under English law worth 216 billion euros and these must be repaid and replaced with government bonds over a period of approximately 44 years, that is, they will be financed by the markets, banks and international investment funds. Due to this reality, the Greek debt cannot be reduced in substance …