deficit Archives - Page 5 of 5 - Citizen Watch Report

Earnings being revised upwards despite leading economic indicators contracting; US deficit spending as a percentage of GDP is at its highest point outside of war or recession since 1960

September 25, 2023 2:35 pm

Analysts are repeating the same mistake made during the 2008 Financial Crisis by revising earnings upwards despite a contraction in leading economic indicators, raising major warning signals. The US is experiencing deficit spending near 10% of GDP, reaching levels last seen in 2008, yet the Fed maintains that there is no recession in sight, leading …

Federal budget deficit SKYROCKETING… A record $7.6 TRILLION of US debt is set to mature.

September 6, 2023 10:12 am

US debt-service costs are now at their highest since 2009 as rates soar. Over the next year, this will continue to rise as US debt is refinanced at higher rates. Yet another sign that $4 trillion in "free stimulus" is not really free. There's no such thing as free money. pic.twitter.com/NQxC2VozHO — The Kobeissi Letter …

‘Interest payment on national debt is now the largest federal expenditure’… Federal Deficit set to double this year to $2 Trillion…

September 5, 2023 1:07 pm

The federal deficit is expected to nearly double this year, from about $1 trillion last year to $2 trillion for the fiscal year ending Sept. 30 Why it matters: There’s no precedent for deficits this large, as a share of the economy — outside war, deep recession or pandemic. The WashPost’s Jeff Stein reported Sunday on the stunning projected figure from the …

U.S. deficit explodes even as the economy grows. Is the “Second Wave” on the horizon?

September 3, 2023 10:09 pm

by DesmondMilesDant The data in this graph is alarming. It shows that the US government’s interest payments on the federal debt are increasing as a share of the nation’s economy. This is unsustainable and will eventually lead to a fiscal crisis. The Debt Problem in America Is Only Getting Bigger The US is facing a grave …

A Federal deficit boosts GDP. This chart shows how bogus US GDP “growth” has been since 2008.

August 24, 2023 10:22 am

by mark000 And projection for 2023 is another $1.5 Trillion. The current “USA economy strong” story is bullshit. It’s totally dependent on ongoing massive govt stimmy life support.

US July 2023 Deficit Reaches $1.617 Trillions. I Don’t Think We Can Get Out Of This Mess.

August 17, 2023 9:55 am

by Hephaestus4 Money printing is inevitable. Superinflation then hyperinflation scenarios become very real each day! India just ditched the dollar and used its own currency to buy a million barrels of oil from the UAE GLOBAL ALARM! US Debt Surge Sparks Dollar Concerns! Will China Dump $700B in Bonds? https://youtu.be/ICD9scaGVP8

Otavio (Tavi) Costa: ‘The Fed continues to pretend that it can shrink its balance sheet size and watch the cost of government debt rise, all while the US grapples with a 12% twin deficit.’

August 12, 2023 7:09 am

In the meantime: The Fed continues to pretend that it can shrink its balance sheet size and watch the cost of government debt rise, all while the US grapples with a 12% twin deficit. After marking the end of a 40-year bull market in Treasuries, this upward move in 10-year… pic.twitter.com/DovYOOrn1a — Otavio (Tavi) Costa …

Interest On US Debt Of $32.6 Trillions Reaches $970 Billions Annually In Q2 2023. Current Deficit Running At $1.39 Trillions In June 2023. Fed Is Operating At A Loss Of $82.683 Billions

July 28, 2023 9:24 am

by Hephaestus4 Almost $1 trillion in interest payments now, compared to $1 trillion in debt from 1783 to 1981. US INTEREST TO SERVICE NATIONAL DEBT APPROACHES $1T * pic.twitter.com/EMFEWoCAw9 — The_Real_Fly (@The_Real_Fly) July 28, 2023 The fiscal deficit in the US is already at nearly 7% of GDP and only set to get bigger! pic.twitter.com/ui2kpW9OmL …

US government faces $1.393 trillion deficit in 2023, increasing by $155 billion per month.

July 17, 2023 9:36 pm

Here's the US deficit by month for both FY 2022 and FY 2023 YTD. In March, when the regional banking crisis began, the US added a whopping $378 billion to the deficit. September 2022 added $430 billion. Follow us @KobeissiLetter for more as we unpack the latest deficit report. pic.twitter.com/PVAUAFp3D2 — The Kobeissi Letter (@KobeissiLetter) …

America’s Massive Deficit Saves the Rich, Slays the Poor

July 14, 2023 7:18 pm

by DAVID HAGGITH No, this is not another tax-the-rich-more-to-save-the-poor article. It is a tax-them-the-SAME article by ending all their privileged welfare! The Biden-Trump deficit is off the charts. Yes, blame for the nation’s record deficit, gaping wider by the day, belongs equally to both. Both parties are saturated with and ruled by what I call …

National debt interest costs $122 billion, 18% of spending on June 2023; The federal deficit nearly tripled; US tax receipts drop significantly.

July 14, 2023 10:16 pmJuly 14, 2023 9:27 am

Ht @RealEJAntoni And the longer that rates stay at this level, more and more debt matures and gets refinanced at these higher rates. So the debt interest expense is going to keep going higher. 🔥 pic.twitter.com/WDEUlt9EFd — Wall Street Mav (@WallStreetMav) July 13, 2023 Every time US tax receipts have tumbled this much, the US …

San Francisco: Mayor Breed Orders Belt-Tightening as City Budget Implodes – combination of rising expenses and diminishing revenue sent the city’s estimated deficit to $728 million

June 17, 2023 9:44 pm

by DJDevine These are the consequences of decriminalizing drugs, apathy towards the homeless, sky high taxes, and ridiculous policies. In other words, this is the result of voting unchecked for what feels good instead of what IS good for your community. Thank to that and essentially outlawing conservatism of any kind, this is the result …