Capital and Risk, Macroeconomic
March 28, 2023
Via: CNSNews.comAs federal spending continues to rise, accumulated federal debt will soon reach all‐time highs relative to the size of the economy. Federal debt held by the public will hit 107 percent of gross domestic product (GDP) in 2028, surpassing the […]
Capital and Risk, Macroeconomic
January 26, 2022
Via: CNSNews.comWhen President Joe Biden was sworn in on Jan. 20, 2021, the federal government’s debt stood at $27,751,896,236,414.77. When his first year in office ended on Jan. 20, 2022, it stood at $29,867,021,509,573.92. That means that during Biden’s first 12 […]
Capital and Risk, Macroeconomic
June 11, 2020
Via: Market WatchThe debt burden on the U.S. economy surged in the first quarter as the coronavirus pandemic struck, according to a report from the Federal Reserve released Thursday. Total domestic nonfinancial debt rose at a seasonally adjusted annual rate of 11.7% […]
July 11, 2024
Copyright © 2024. All rights reserved
