Monday , 21 May 2018


Debt & Deficits

Does New Debt Add to GDP Or Put A Drag On Growth? This Chart Provides the Answer

We have lived through a credit induced holographic standard of living considered to be “normal”. Never...has a genuine lifestyle been funded continuously on credit. Each attempt always failed miserably. The only difference today is that more of the world is involved along with more credit used than ever before. The only logical conclusion is this latest credit experiment to fund lifestyle will fail on a far grander scale than ever before!

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U.S. Has Imposed $60 Billion In Annual Tariffs Against China

Trump is following through on a long-time threat that he says will punish China for intellectual property infringement and create more American jobs. Effective this Friday, the Trump administration will be imposing tariffs on up to $60bn of Chinese goods, or roughly 13% of goods imported from China and 2.75% of total US goods imported according to Danske Bank.

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