Independent thinking for complex markets and current events
In a concerning development for U.S. economic stability, interest payments on the nation’s burgeoning debt have now exceeded expenditures on defense and Medicare combined. Key Points: Interest payments in the first seven months of fiscal year 2024 reached $514 billion, surpassing spending on national defense ($498 billion) and Medicare ($465 billion). Interest costs now exceed …
US government interest payment has virtually been a straight line up since 2020 Despite crossing $1 TRILLION, this debt crisis keeps getting worse pic.twitter.com/YE8v8uLZHG — Bravos Research (@bravosresearch) May 18, 2024 2/ What matters here is not overall US government debt but rather the balance of payments. If a country runs a trade deficit this …
https://x.com/jsblokland/status/1790858643094614518
The interest on our colossal national debt is the nation’s second-largest expense. And the situation is only getting worse. The nation’s Medicare and defense programs are expensive. But the cost of the national debt surpasses each of them. During the first seven months of fiscal year 2024, the U.S. spent $514 billion on net interest, …
The US is currently paying $2M PER MINUTE on interest payments on outstanding debts…let that sink in https://t.co/MaE8BdULmj — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 14, 2024 Let’s talk about something we can wrap our heads around: the US vs. China money supply. The pervasive phenomenon of global monetary dilution is a fundamental aspect of …
Yet the payments due last week were for bonds issued under a Chinese scheme where state-owned financial institutions guaranteed debt issued by a handful of major private developers, including Country Garden. About 33.7 billion yuan ($4.6 billion) of bonds have been issued under the scheme, according to Bloomberg. If the beleaguered developer failed to pay …
In a delicate balancing act, the Federal Reserve chose to keep its benchmark interest rate steady, resisting the pressure to cut rates as the economy faces cooling growth alongside persistent inflationary pressures. As households and businesses await the central bank’s decision, the stakes are high, with implications for borrowing costs, economic activity, and the trajectory …
🇺🇸 US net interest and miscellaneous payments on assets by private enterprises $95.2 billion. 𝗟𝗼𝘄𝗲𝘀𝘁 𝘀𝗶𝗻𝗰𝗲 𝗤𝟰 𝟭𝟵𝟳𝟲! Locked in debt at cheap funding rates when the Fed had rates at zero and invested cash to earn higher interest income as the Fed raised rates. pic.twitter.com/Jo94wjhGTV — Alex Joosten (@joosteninvestor) April 28, 2024 This means …
by confoundedinterest17 The US debt and Federal spending is out of control. As is entitlement spending. In 2007, the U.S. national debt was below $10 trillion, and the budget deficit was about $160 billion. Federal spending was about $3 trillion, and interest payments were approximately $400 billion. Then the numbers spiraled out of control. Yet Biden/Congress keep shoveling …
Interest in selling a rental is rising. https://t.co/WeBG15EzoS pic.twitter.com/IyPj4PYDXc — Darth Powell (@VladTheInflator) April 26, 2024 Congrats housing market, March was the best you'll see for the rest of the year pic.twitter.com/pfpPm5YZJM — Darth Powell (@VladTheInflator) April 26, 2024
There is growing concern about the Federal Reserve’s decision to raise interest rates. Initially, this decision was seen as a necessary step to fight inflation, but now it is causing anxiety that could destabilize the economy. This decision had a ripple effect throughout the markets, leading to a mass exodus of billionaires and institutional investors …
As the IMF’s Gita Gopinath highlights the repercussions of high U.S. deficits on global economic dynamics, concerns arise over the sustainability of economic growth amid rising deficits and the need for comprehensive fiscal reforms. Important Information and Details: IMF’s Gita Gopinath highlights the impact of high U.S. deficits on global economic dynamics. U.S. deficits are …
The Guardian: Low-carb diets work. Why does the American Diabetes Association push insulin instead? The American Diabetes Association takes millions from companies that stand to profit from our reliance on drugs. Is that affecting their guidance? For a glimpse into how big business influences the $4tn US healthcare system, look no further than the world’s …
Mom, 28, forced to sell her dream car after forking out $40,000 in INTEREST alone over three years – as America’s auto debt spirals to $1.6 TRILLION. Despite paying $1,400 a month in payments totaling more than $50,000, she still owes a balance of $74,000 to her lender – GM Financial. Not only did she …
Tommy Tuberville’s recent stock transactions have once again drawn scrutiny, particularly his purchases of $HUMA shares, known for their tissue implant technology, just before the Ukraine conflict escalated. His position on the Armed Services Committee adds another layer of concern, highlighting potential conflicts of interest. The lack of transparency and regulation surrounding congressional stock trading …
Linkhttps://t.co/NfB6cG2eI4 — QE Infinity (@StealthQE4) April 14, 2024 Yep and they still hold a lot of zero yielding treasuries. — QE Infinity (@StealthQE4) April 14, 2024
US debt interest to surpass Social Security, hitting $1.6 trillion by 2024. With rate cuts off the table, it’s imperative to reduce government spending. The average interest rate on all debt held by the public was 2.5% in 2023. The low end of the US Treasury yield curve is now the 10-year, which is yielding …
In fiscal year 2024, U.S. national debt interest has exceeded spending on the military. The federal government spent $412 billion on military programs at the Department of Defense during the first half of FY2024. However, the rapidly growing cost of servicing the national debt surpassed military spending. Interest expenses from the $34 trillion national debt totaled $440 billion in the first six months of FY2024, representing a 43% increase from …
https://wallstreetonparade.com/2024/04/for-the-first-time-in-history-the-fed-is-reporting-billions-in-losses-weekly-its-still-paying-high-interest-income-to-the-mega-banks-on-wall-street/ The Federal Reserve is losing billions of dollars weekly for the first time ever. Here’s the breakdown: The Problem: The Fed gets low interest (~2%) on the massive amount of bonds it bought during economic stimulus programs (QE). However, they pay high interest rates (over 5%) to big banks for parking cash with them. This leads …
Inflation seems to be spiraling out of control, with ominous warnings of 8% interest rates and rising gold consumption. Just think. Three months ago the street saw 6 rate cuts coming in 2024 😂 8% interest rates would put mortgage rates over 10% 💀 pic.twitter.com/KHsKDic2sc — QE Infinity (@StealthQE4) April 9, 2024 Interest Rates could …
Credit card interest rates just hit a new record high in Feb – American families are paying over $240 billion a year just in interest on this debt, before a single dime goes to paying down the principal: pic.twitter.com/N6UxBnyZcl — E.J. Antoni, Ph.D. (@RealEJAntoni) April 6, 2024 https://twitter.com/WallStreetSilv/status/1776411944087384164 https://twitter.com/StealthQE4/status/1776409323754729972 "Can someone explain to me why …
Publisher DROPS Biden Book Due To Lack Of Market Interest We all know Biden is having a book published about him. It was a central component of his mishandled documents case, where he was deemed too feeble to be tried. But according to a recent report, “was having a book published” may be a more …
Q1 ENDS WITH CITIGROUP “REFUSING” TO PAY INTERESTS DUE ON A REPUBLIC OF NIGERIA NOTE… 🤨 The fun part? As you can read here the #DTCC is totally “relaxed” about it… https://t.co/VMZ02Qsr2o pic.twitter.com/W5vS1OYTWs — JustDario 🏊♂️ (@DarioCpx) March 28, 2024
Oh, you thought “higher for longer” was referring to interest rates? We were actually referring to inflation pic.twitter.com/qf9fCDQwGM — Amy Nixon (@texasrunnerDFW) March 25, 2024 Globally coordinated inflation control via currency pairs. Headlines keep us entertained https://t.co/6krD7t0NOx — Silverbark #fixourmoney #silversqueeze (@Silverbark3) March 25, 2024
Following two years of interest rate hikes by the Federal Reserve, and just one day before the central bank’s meeting on Wednesday, Senators Elizabeth Warren and Sheldon Whitehouse, both climate alarmist Democrats, wrote a letter to Fed Chair Jerome Powell calling for an immediate halt to the interest rate hiking cycle to avert further collapse …
CNN — Former President Donald Trump must come up with the full amount to cover the $454 million verdict in the civil fraud trial, an appeals court judge ruled Wednesday. Associate Justice Anil Singh, however, lifted a ban on Trump’s ability to obtain loans from New York regulated financial institutions, which could allow him to …
The drumbeat for change is getting louder and clearer, with the European Central Bank finding itself at a critical crossroads. The time has come, not just for contemplation but for decisive action, as the voices from within its own ranks push for a shift in strategy. Yannis Stournaras, a figure in the ECB’s Governing Council …
BIDEN'S TREASURY SEC. YELLEN: "Americans are seeing the costs of some goods that are important to them, like rent, having increased…" pic.twitter.com/rGxk7bFxw7 — Breaking911 (@Breaking911) March 13, 2024 US Treasury Secretary Yellen: it seems unlikely that interest rates will return to levels as low as before the covid-19 pandemic. — unusual_whales (@unusual_whales) March 13, 2024 …
