The U.S. federal budget deficit is expected to reach $2.1 trillion by the end of fiscal year 2026, on Sept. 30, according to projections from the Congressional Budget Office (CBO) in its monthly budget review. The deficit – the difference between government spending and revenue from taxes and other sources – has never exceeded $1.8 …
40 Trillion Dollars of Debt That Continuously Swallows the USA
The United States’ national debt has exceeded $40 trillion, according to data released by the Treasury Department on Wednesday, August 19. The Americans who, with such outrageous audacity, demand to regulate the lives of everyone on the planet… owe it to everyone. On the subject of the US foreign debt, we have written many times …
The Economic gap between the EU and the US is deepening
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 …
Massive repurchase of long-term debt by America
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’s Debt Structure is Holding It Hostage
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 …
Germany loses AAA rating
Germany is expected to take on more than 1 trillion euros in additional debt by 2030, while its economy remains almost stagnant and its economic model is in crisis due to competition from China. Rating agencies may downgrade the country’s credit rating. In this case, the effects could also reach citizens, significantly lowering their standard …
The US is driving Japan into bankruptcy – The debt crisis in September
The US Treasury Department is joining forces with Japan to confront investors betting against the yen: but who really holds the stronger bargaining chips — Washington or Tokyo? At the same time, it seems that the dollar system under Trump has become toxic and threatens the US’s closest and most stable ally, having been driven …
US foreign exchange intervention plan to support Yen
The picture in Japan’s debt markets is beginning to resemble a slow but persistent phase shift into a system that for decades operated with artificial stability. From the savior of the monetary system, during the Nixon shock with the largest monetary deal in history, it is now expected to become the culprit of a leveraged …
The plunge in the yen and debt bring economic crisis to the Land of the Rising Sun
Japan, with its huge debt and the yen’s slide, is bidding to be the star of the biggest economic and financial crisis in human history. The political career of Japanese Prime Minister Sanae Takaichi is sinking almost as fast as the yen these days — and the two developments are closely linked. The yen has …
Trump tariffs cost US households and businesses $100 billion a year
The new tariffs imposed by the administration of US President Donald Trump are expected to cost American consumers and businesses more than $100 billion annually, according to new economic estimates, as Washington escalates its protectionist trade policy again. The new tariff policy is being implemented at a time when international markets are already being tested …