A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will break the 13-figure mark. The combination of a bulging deficit, now worth 7% of GDP, and the sharp increase in government-bond yields over the past four years makes America’s budgetary mathematics increasingly ugly.
Writing on Facebook, AEI economist Mark Perry points to evidence that the tariffs imposed in April by the Trump Administration...
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 668.44 points or -1.31% to...
The MAGA civil war intensified as POTUS Trump lost his battle to bully Indiana Republicans into redrawing their congressional districts....
In the spirit of the Friedman Unit1 as a metric for Iraq war progress (or in his case, what wound...
Donald Trump told Politico’s Dasha Burns that he gives the US economy an A+++++. He posted on Truth Social, “When...
Experiment to train rats to play Doom reaches a new level; rats can now shoot enemies — wraparound AMOLED screen...
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