The debt ceiling is a limit set by the U.S. Congress on the amount of debt that the federal government can have outstanding. This debt is primarily made up of two components: debt held by the public (like U.S. Treasury bonds held by investors) and intragovernmental holdings (like those in the Social Security Trust Fund). From a financial perspective, the debt...
☑️The fact that the whole world is in massive Debt that can not be repaid is a buzzphrase that was around for like 20 years already. 20 years passed and nothing bad has happened, so what to worry about? In fact an entire political and economic movement called MMT or a modern monetary theory emerged claiming that government debt does not matter and that we can,...
☑️The fact that the whole world is in massive Debt that can not be repaid is a buzzphrase that was around for like 20 years already. 20 years passed and nothing bad has happened, so what to worry about? In fact an entire political and economic movement called MMT or a modern monetary theory emerged claiming that government debt does not matter and that we can,...
Home loans, credit card loans, student loans, pay day loans, insurance, annuities, derivatives, pension funds, bond markets. Crypto and the stock market combined are no match for the world debt mountain. #investing #debt
The SPX reversal to $4,200 provides an opportunity to learn from the pros and get back to the basics of trading. This means understanding the numbers and being able to buy things wholesale and sell them at a retail price. With this knowledge, you can be a successful trader.
Debt and living on credit is a universal norm . While the "wisest" among us are trying to persuade themselves how they "hack" the system buying on credit card smartly, the richest among us keep following totally different commandments . You must remember that debt makes you dependent , it makes you submissive to the system. To become truly free and...
How effective are Fed's monetary policies and tools? Fed has three simple goals- Grow GDP, keep inflation rate steady and keep the unemployment rate low. Some argue that Fed's perceived power over the market was exposed during several occasions- #1. During the 2008 in the midst of sub-prime mortgage crisis, the market continued to plunge despite the Fed's...
"The Federal Reserve will not monetize the debt." - Ben Bernanke in 2009 while testifying before US congress. Those that did not believe this were called perma bears and fear mongering lunatics :) (Imagine being that gullible LOL!) Alot of the ones calling others perma bears and crazies are now saying they knew all along, or that no one could have seen this coming...
Some may not have heard of Deutsche Bank. Some may not know what 'systematic risk' is. Well, whether you heard of any of this before listen up. DB has been in serious trouble for years and in recent weeks there is more trouble. As the rules do not allow me to reference what I say here, people will need to Google some of this. Deutsche Bank has been over...
In this screencast I review briefly some headline issues that point to deep troubles affecting the American economy. I look at the Dow Transportation Index which appears to be leading Wall Street in a southward direction. My list of troubles for America is not exhaustive - so I may well have missed something of greater importance. Do share other facts if you...
Notice the downward trend in the US10Y since the 80's, while government, corporate and consumer debt has exploded to all time highs. The achilles heel of massive debt levels are high interest rates, which end up causing slowed growth and economic contraction. With ever higher levels of debt, the level of interest required to put the economy in pain falls over time...