Analysis
$34 Trillion & Climbing
$34 Trillion and Climbing By: Peter C. Earle Just before the start of 2024, the US Federal debt surpassed a new milestone: $34 trillion. In 2023 the US added $2.65 trillion in debt, the second […]
Treasury bonds
Analysis
How Crashing Banks Will Usher in Digital Currency
Story at-a-glance Three large banks failed in a single week in March 2023, and the ripple effect could easily take down the entire banking system. The cascading bank failures began March 8 with the shut […]
Analysis
The Debt Ceiling: An Affectionate History
The Debt Ceiling: An Affectionate History By: David Howden Remember the movie Groundhog Day? The protagonist, played by Bill Murray, is stuck in a cycle where he relives the same day, February 2, every time […]