Debt & Deficits

Sadly, the fiscal and monetary conditions for global economic chaos have now been set in stone. It’s only a matter of time and, unfortunately, that time is short.

Today’s infographic visualization breaks down $59.7 trillion of world debt by country, as well as highlighting each country’s debt-to-GDP ratio using colour.

What the Land of the Free needs right now is someone who can stop beating around the bush and just get on with it already and that someone is Donald Trump because he is an expert at declaring bankruptcy. When the going gets tough, Trump stiffs his creditors - he’s done it four times - and such experience would come in handy during the next presidential term. The U.S. government is bankrupt and default is inevitable. Who better to oversee such an event than Donald Trump!

An unprecedented global debt bomb threatens to explode at any moment. 24 nations are currently facing a full-blown debt crisis, and there are 14 more that are rapidly heading toward one. The only “solution” under our current system is to kick the can down the road for as long as we can until this colossal debt pyramid finally collapses in upon itself and when it does it will be unlike anything that we have ever seen before.

Puerto Rico is just the tip of the iceberg of the coming debt crisis in the western hemisphere as Greece is just the tip of the iceberg of the coming debt crisis in Europe.

The majority of U.S. healthcare spending is not productive; it is a drag on productivity. As it stands now, U.S. healthcare will bankrupt the nation and doom it to permanent stagnation and recession as crystallized in these 3 charts.

The attempt to solve what was essentially a global debt crisis with mountains of more debt means we will have another global financial crisis – the question is when rather than if - and this will have an impact on our economic recovery and on asset prices and hence the importance of diversification in terms of geography and where and how they are owned.

In absolute size of net foreign liabilities the U.S. leads the way but, as a share of GDP, its position is much less than that of Spain & Poland who exceed the acceptable level of 60%. Where does your country rank?

The latest rage is writers saying that the current economic cycle is aging and we had better watch out as the ‘bubble’ will burst soon. NONSENSE. Here's why.

Many investors think that we could never have a crash like the melt-down in 2008 but they are wrong. The 2008 Crisis was a stock and investment bank crisis - but it was not THE Crisis. That will happen when the biggest bubble in financial history - the epic Bond bubble - bursts. Let me explain.