How much do bond markets want to drive us crazy, while those who are not involved in the subject give investment advice? At a time when Hurricane Trump has caused international turmoil through retaliatory tariffs and an underground currency war regarding the dollar exchange rate, the once-maligned European South is on the first… shelf of …
Tag: public revenues
How the growing budget deficit is destroying the US economy?
A cursory look at the US economic growth data shows that they continue to defy expectations of a slowdown and recession due to continued increases in deficit-increasing government spending. In fact, the U.S. Treasury recently announced the December budget deficit, which shows that the U.S. collected $429 billion through various taxes, while total federal budget …