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.
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...
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...
A hearing test for the world’s rarest sea turtle EurekaAlert! Climate/Environment Fitch warns sovereign credit risk will rise with worsening...
This is the latest in our series of posts in our series on price theory problems with Professor Bryan Cutsinger....
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