A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will break the 13-figure mark. The combination of a bulging deficit, now worth 7% of GDP, and the sharp increase in government-bond yields over the past four years makes America’s budgetary mathematics increasingly ugly.
In my recent post on US manufacturing jobs and tariffs, I mentioned a Wall Street Journal article that pointed toward...
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 475.32 points or -0.88% to...
The Epstein files have shown, once again, that elites from the worlds of politics, finance, technology, and media form an...
Do illegal immigrants have the right to stay in America, or can they be deported? Of course, they do not...
What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...
An Amazon Go store in New York, US, on Tuesday, Jan. 27, 2026. Michael Nagle | Bloomberg | Getty ImagesLayoff...
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