Budget Deficit

Posted on

Coming Soon: The Bill for Massive US Debt

Coming Soon: The Bill for the Massive U.S. Debt Americans could be in for a rude awakening in coming months when they discover the true scope of the massive national debt racked up by the U.S. government. In fact, the $1.6 trillion deficit expected for 2010, which is above 10% of gross domestic product (GDP), … Continue reading

Posted on

Bespoke: US Gov Spent $1.90 for Every $1 in Income

Don’t we all wish we live like that? Folks, it is simple why Gold and Silver are rising. It is because of sovereign debt default concerns. How can the US and the UK finance growing these record budget gaps when spending is increasing and tax receipts are stagnant? And as we mentioned in previous posts, … Continue reading

  • As seen on: