Tag: Debt
Trump Now Wants More Than $1.8 Trillion in Stimulus, Direct Payments
(Money Metals Exchange) Gold and silver markets slumped this week as stimulus talks faltered again in Washington.
Feds: Fraudster Blew $30K in Vegas with Virus Loan Money
(Associated Press) A convicted bank robber from Rhode Island fraudulently obtained $600,000 in forgivable federal business loans and spent $30,000 in Las...
US Treasury Projects Record $3.7 Trillion Deficit
Fitch: United States Credit Rating Outlook “Negative”
(Associated Press) The Treasury Department is projecting government borrowing of $947...
To Survive Financial Storm of Virus, States Turn to Congress
(Associated Press) State governments trying to weather the financial storm brought on by the coronavirus are borrowing billions of dollars and desperately...
‘Shadow’ Lenders Can Leave College Students in the Dark
(Associated Press) A new high school graduate may take out about $37,200 in student loans for college, according to a recent NerdWallet...
Decline of the Dollar Could Happen at ‘Warp Speed’ — Prominent...
(MarketWatch) Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman, tells MarketWatch that his forecast for a sharp...
Inside Tricks to Pay Less Interest on Debt
(Associated Press) Maybe you've been working through credit card debt for a while now. Or maybe you racked it up recently as...
Social Unrest Rises as Confidence Falls
(Clint Siegner, Money Metals News Service) Protests egged on by the legacy media quickly devolved into large-scale riots and looting over the...
A Backdoor Central Bank Bailout of State Governments
(RealClearMarkets) Government-ordered business shutdowns aren’t flattening just the curve. They’re causing a steep drop in tax revenue for state and local governments.
What’s Next, Trillion-Dollar Coins?
(Stefan Gleason, Money Metals News Service) The massive set of stimulus measures rolled out last month by the Treasury Department and Federal...
