Tag: Debt
Think Deficits Are Bad Now? You Ain’t Seen Nothin’ Yet
(Tenth Amendment Center) The U.S. government was on track for a $1 trillion deficit this fiscal year, even before coronavirus. That’s the kind of...
Two Scenarios for Precious Metals in the Unfolding Crisis
(Clint Siegner, Money Metals News Service) Extreme volatility in the equity markets has investors wondering what to expect. Even the hardiest of stock market...
Former Fed Official Says Government Can Borrow and Tax a LOT...
(Clint Siegner, Money Metals News Service) Narayana Kocherlakota, the former President of the Federal Reserve bank of Minneapolis wants you to know the Federal...
Unending Spending: U.S. to Run Trillion Dollar Deficits for Years to...
(Associated Press) The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year...
The Right Way to Bring Down Your Debt Load
(Associated Press/NerdWallet) Many of us feel bad about our debt. Most of us probably shouldn't.
Three-quarters of U.S. households owe money, but the vast majority...
Elephant in the Room: Why Nobody Talks About Ballooning Federal Deficits
(Clint Siegner, Money Metals News Service) The presidential race will mesmerize Americans over the next 11 months. The country hasn’t been this polarized since...
Wipe Out Credit Card Debt the SMART Way
(Associated Press/NerdWallet) Shatoria Smith was tired of the $5,000 in credit card debt she felt was blocking her from reaching her financial goals. She...
How to Tell When a Loan Is Predatory
(Associated Press/NerdWallet) As you scan the crowded pages of Google search results for a low-cost loan, it can be difficult to decipher reputable lenders...
Insolvent Entitlement Programs Are a Graver Threat Than Climate Change
(Foundation for Economic Education) The taxes levied to fund Social Security have already risen drastically. In 1937, the Social Security tax rate was one...
