Europe’s soaring public debt levels should prompt governments to rethink their role in delivering essential services to EU citizens, according to the International Monetary Fund (IMF), which sees an urgent need to impose shock measures on economies that would overturn the famous European model. In a study published on Tuesday, November 4 (“Regional Economic Outlook …
Tag: budget deficits
The Gold frenzy heralds the Great collapse
Since ancient times, philosophers have used the image of the circle to illustrate the great question of life: only by seeing the circle fully can you understand its arcs — and vice versa. The same is true for the global economy, which now appears to be collapsing systemically, through specific phases and crisis points called …
Mammoth Debt $36.2 Trillion – Unbridled Deficits and the Triffin Dilemma
The US public debt has exceeded $36.2 trillion or 35% of global GDP, which is estimated at just over $100 trillion – while the budget deficit that will be added to the debt is predicted by the CRFB to be $22.7 trillion by 2035. The number one problem of the US, however, is its current …
Hybrid economic warfare: Scenarios for a massive sell-off in American assets and the “nuclear solution”
US bond yields are rising amid concerns about inflation and monetary policy, putting significant pressure on the US’s already tight fiscal position. If President Donald Trump fails to secure sufficient revenue from retaliatory tariffs and a surge in inflationary pressures is not averted, the world’s largest economy risks a sudden death. On Tuesday (22/7), US …
Markets demand fiscal discipline – US, France, Britain and Italy on the brink of the abyss
The fiscal position of many advanced economies has deteriorated dramatically, it is now a well-established picture. The nightmare of the debt crisis has shifted from peripheral economies like Greece to the major players. Recently, the spotlight has turned to the United States, where the “One, Big, Beautiful Act” has credited the White House with large …
The disastrous plan for a strong euro will destroy the economy of Europe and its economically weak member countries
The European elite has recently been expressing the arrogant ambition that the euro will benefit from the decline in the dollar’s power as a reserve currency. They are selling this fairy tale, of course, to impose their suicidal geopolitical orientation against Russia, the incredible austerity that the program for the rearmament of Europe will bring, …
Great Britain faces a serious debt crisis due to tariffs and deficits
Donald Trump’s trade war and the country’s dire fiscal position risk plunging Britain into a Greek-style debt crisis, investors have warned. Weaker economic output combined with the Treasury’s negative fiscal data are exposing Britain to a “negative growth spiral”. Britain’s £2.7 trillion debt, which exceeds the size of the economy, leaves it vulnerable to the …
Money is credit – Currency depreciation is inflation & inflation is silent bankruptcy
The increased prices constitute a “hidden” tax for citizens and a means of state control of economic activity.
BRICS: US dollar reserves below 60% for first time in thirty years
This news, combined with the unreal US debt that exceeds 33 trillion, is the most important indicator for geopolitical events and their projection in the immediate future. Note that every day that passes the beast called “US debt” grows by 100 million dollars(!) and most American economists agree that it is now impossible to service. …
IMF: The US, a huge threat to the Global Economy – Bubbles that will burst the Markets
US budget deficits should not continue to expand in the coming decade, as they are reaching an unsustainable level that could even lead to a collapse of the global economy, the International Monetary Fund says. In particular, the IMF warned the US that its huge budget deficits have fueled inflation and pose “significant risks” to …