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The most recent Treasury Report is out and it reveals disturbing news. The net worth of the United States is now officially reduced to minus $21.5 trillion. The country’s total national debt has catapulted up to pass $22 trillion. Every month, President Trump’s administration adds to the debt pile with multiple billion dollar deficits. This graph depicts the shocking rise in national debt: The real question is:… Read more Continue reading Protect Your Retirement Account from Unsustainable
Last week, the U.S. Treasury revealed that it will not need to borrow so much money for the third quarter of 2019 as it had originally forecast. This had many people scratching their heads. The reason has nothing to do with the government reigning in its spending though. Reuters demystified the mystery in a cite from a Treasury official. His statement explained this as changes having to do with… Read more Continue reading U.S. Dollar Currency Debasement
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