Tag Archives: debt

“Venezuela… on brink of default”

“…a Venezuela debt default crystallized Wednesday, as the political crisis engulfing the sinking OPEC state deepened with a meeting set at the UN Security Council and the EU eyeing an arms embargo. Investors were bracing for what looked to be … Continue reading

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“IMF Says Venezuela’s Inflation Rate May Rise Beyond 2,300% in 2018”

“Venezuela’s triple-digit annual inflation rate is set to jump to more than 2,300 percent in 2018, the highest estimate for any country tracked by the International Monetary Fund.” https://www.bloomberg.com/news/articles/2017-10-10/imf-warns-against-complacency-even-as-global-growth-gains-steam This is the fruits of socialism; debt and destruction.

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U.S. – City of “Hartford Warns It Will Be Broke In 60 Days”

“the WSJ reports. “City officials warned Gov. Dannel Malloy, a Democrat, and state lawmakers that Hartford, which has a deficit approaching $50 million, wouldn’t be able to pay all of its bills within 60 days. Hartford officials said it would … Continue reading

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Slaves To Debt: “CBO and OMB Agree: Federal Spending Will Top $4T for First Time This Year”

“Both the Congressional Budget Office and the White House Office of Management and Budget project that federal spending will top $4 trillion for the first time in fiscal 2017…” http://www.cnsnews.com/news/article/terence-p-jeffrey/cbo-and-omb-agree-federal-spending-will-top-4t-first-time-year This is why the U.S. is going bankrupt. Well the … Continue reading

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“In First 2 Months in Office: Trump Reduced Debt by $100 Billion – Obama Increased Debt by $400 Billion”

“On January 20th, the day of President Trump’s Inauguration, the US Debt stood at $19,947 billion. As of March 16th, the most recent date for US debt reporting, the US Debt stands at $19,846 billion. President Trump has cut the US Debt burden … Continue reading

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“US Debt Decreased by More Than $60 Billion Since Trump Inauguration”

“On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 … Continue reading

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Good News: [Donald] “Trump cuts US debt by $12bn in his first month in office…”

“The US President Donald Trump has tweeted that he managed to decrease the US total public debt by US$ 12 billion during his first month in office while the former President Barack Obama increased it by US$200 billion over the … Continue reading

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