Euros & Dollars: The Three Phases of U.S. Fiscal Decline
Congress is borrowing 26 cents of every dollar they spend. Only structural spending reforms can prevent a fiscal meltdown—and time is running out.
Congress is borrowing 26 cents of every dollar they spend. Only structural spending reforms can prevent a fiscal meltdown—and time is running out.
Last time Congress tried to end its own deficits, it ended up putting band-aid on a broken leg.
Europe’s economy is falling behind America, and the gap is getting big. The reason is obvious, and so is the solution.
How is NATO going to respond to the problem with its rapidly depleting stockpiles of military hardware? They can’t spend more money.
The deficit for both the EU and the euro zone have been shrinking for six quarters in a row.
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