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Category U.S. debt

MainNewsU.S. debt
Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price

Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price

Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdi...
US Government Borrows $827,887,738,000 in Three Months As Trillion-Dollar Asset Manager Warns Debt Spiral Threatens Americans’ Prosperity and Security

US Government Borrows $827,887,738,000 in Three Months As Trillion-Dollar Asset Manager Warns Debt Spiral Threatens Americans’ Prosperity and Security

The US national debt has surged over $800 billion dollars in just three months amid a fiscal warning from one of the world’s largest asset managers...
Elon Musk: America Is Headed for Bankruptcy

Elon Musk: America Is Headed for Bankruptcy

Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highligh...
Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash

Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash

Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts tha...
Interest Payments on US National Debt Will Shatter $1,140,000,000,000 This Year – Eating 76% of All Income Taxes Collected: Report

Interest Payments on US National Debt Will Shatter $1,140,000,000,000 This Year – Eating 76% of All Income Taxes Collected: Report

The vast majority of Americans’ income taxes are now being swallowed up just to pay interest on the country’s national debt, new numbers show. Econ...