sovereign debt Archives - munKNEE.com
Friday , 26 February 2021

Tag Archives: sovereign debt

Which Countries Have the Most Debt? Here’s a Ranking (+2K Views)

Even if all federal tax revenue was applied to pay down U.S. sovereign debt, it would take 10 years (not including any interest) to do so! This infographic shows how other countries like Canada, UK, Australia and Germany, among others, rank in comparison.es like Canada, UK, Australia and Germany, among others, rank in comparison.

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U.S. Needs Donald Trump – He’s An Expert At Declaring Bankruptcy

What the Land of the Free needs right now is someone who can stop beating around the bush and just get on with it already and that someone is Donald Trump because he is an expert at declaring bankruptcy. When the going gets tough, Trump stiffs his creditors - he’s done it four times - and such experience would come in handy during the next presidential term. The U.S. government is bankrupt and default is inevitable. Who better to oversee such an event than Donald Trump!

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How Low – and How High – Could Gold Go?

Is gold undervalued or overvalued?...[Unfortunately,] there's no good way - and definitely no universally accepted way - to determine a "fair value" for gold. Unlike a stock, gold doesn't have a price-to-earnings ratio that we can easily compare to the market. [That being said, I offer in this article] a logical, real-world price target. Words: 700

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Variable Interest Rates: Staring Into the Abyss (+2K Views)

It seems that the past few years of falling interest rates have lulled a big part of the global economy into financing with variable-rate debt...[As such,] when interest rates go up (as they did last week), there’s a world-wide reset in interest costs that, best case, amounts to a tax increase on individuals and businesses and, worst-case, threatens to blow up the whole system.

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Greek Fiscal Irresponsibility Is No Surprise! Here's Why

Is it a coincidence that Greece, a country with a 40% smoking rate, has dug itself into such a financial mess? What is fiscal irresponsibility, if not an unwillingness to deal with discomfort today in exchange for future financial health? [Let me explain why an analogy to a country's addiction to smoking is so appropriate when considering the Greeks' attitude to their country's sovereign debt woes.] Words: 650

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Hyperinflation in the U.S. is Possible But Unlikely – Here’s Why (+2K Views)

I respect many of the writers who believe that we will experience hyperinflation... but I think they are jumping the gun. Hyperinflation is something that is easy to say - and it certainly achieves the sensational headlines that so many financial writers seek - but it is much more difficult to achieve. At this point none of the economic or political factors required to set off hyperinflation are present. The question should not be whether or not it is possible, but whether or not it is probable in America today and in my opinion the probability of such happening is very low. [Let me explain why that is the case.] Words: 2695

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Sinclair: Gold Will Win Out and Rocket Up in Price by 2015

Lorimer Wilson with Gold Bar

Jim Sinclair had an interview with King World News today which a number of friends of Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) discussed at length with one of them, Arnold Bock, putting together this synopsis of what Sinclair was conveying.

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