This record increase and level of debt was issued in conjunction with an unprecedented $5 trillion increase in money printing in the two years following the...
2022 was not a good year and in looking back and forward, 2023 promises to be another difficult year, possibly even worse than 2022. There are...
We often hear that the American consumer and corporations are in much better shape due to the amount of deleveraging that has taken place. Hence, they...
You would think that rising government debt levels would lead to higher bond interest rates. Here’s what tends to happen instead. Higher government debt tends to...
Corporate debt is the biggest threat worldwide, specially in the emerging world that used cheap printed dollars from the developed countries, to fund a debt binge...
Global central banks have created an economic time machine by forcing $17 trillion worth of bond yields below zero percent. These are now 30% of the...
September is a notoriously bad month for stock markets, although we’ve had tops in September/October as well. The stock markets had a good week but a...
The government has acquired $320 billion new debt over the past two years and $1.7 trillion over the decade.
Many people are unable to pay their taxes every year, so the government created the IRS Fresh Start Program to reduce their penalties.
In 2014, Puerto Rico issued $3.5 billion in bonds backed by the full faith and credit of the Commonwealth.