Category: Business & Economy

How Much Government Debt Rests Upon Your Shoulders?

While giant numbers like $20 trillion sound abstract and meaningless, converting them to debt-per-capita can make things more intuitive. While many are rightly concerned about what Trump policies mean for government debt, it is the Belgians, Singaporeans, Irish, and Japanese that should really be worrying…

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Why They Keep Trade Deals Secret

Thousands of people recently demonstrated in Brussels against free trade deals negotiated by the EU. This happened just days before a meeting of EU trade ministers in Bratislava last month, which was considered the last push to...

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US Ends Fiscal 2016 With $1.4 Trillion Debt Increase: Third Largest In History

What exactly did you get for that money? Did they spend $1.4 trillion on achieving world peace, eradicating poverty, saving the planet, or some other pipe-dream? Did they finally fix America’s crumbling infrastructure that has been in desperate need of repair? Did they send a gigantic tax refund check to every man, woman, and child in the country? Actually the answer is (D), none of the above. They squandered it all.

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