Debt & Deficits

China does not have the means to match the U.S. in the total number, or amount, of tariffs but China can strike back in other ways. One critical way would be to cut off its export of rare earth elements to the U.S..

The U.S. government is hopelessly bankrupt reporting last week that it has a negative net worth of MINUS $75 TRILLION. Here's a look at how they see this problem being resolved - or not.

Is $40 trillion by 2025 even possible? Unfortunately, yes. This means you need to pick your investments with great care and prepare your business now. If you’re ready, you can take advantage of the sale of a lifetime ahead.

Canada’s household debt...is spiraling out of control. Its debt load is the highest of the seven leading economic countries. The debt-to-income ratio is 174% with the average household carrying a debt of more than $22,000.

The U.S. national debt has soared to over $22 trillion – up $16 trillion since 2000, $11 trillion since 2008, and $2 trillion in the past three years alone - and is expected to rise to $30 trillion by 2030. Should we be worried?

We are broke and have decided to ignore it. The implied hope is that the repercussions will be in someone else's lifetime and that they won't be too painful. This is simply wishful thinking.

Nearly every year, the national debt rises more than the deficit. The picture is guaranteed to get worse.

The U.S. debt bomb is much higher than most Americans realize. When the U.S. economy finally starts to implode investors need to understand that ASSET values will evaporate while DEBTS stay the same. That is a recipe for disaster.

People often ask me how and when I foresee the U.S. corporate debt bubble bursting and the answer is quite simple: the U.S. corporate debt bubble will likely burst due to tightening monetary conditions, including rising interest rates. Words: 302

Trump isn’t a doctrinaire conservative who deeply cares about the national debt, especially not on his watch. It’s not a top priority for him. He understands the political nature of the debt but it’s clearly not, frankly, something he sees as crucial to his legacy. It’s not like it’s going to haunt him.