Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price

October 25, 2024 Bitcoin.com

Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts ,000 Price

Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit $3,000 per ounce by 2025, reinforcing its role as a critical hedge against market volatility […]

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US Government Borrows $827,887,738,000 in Three Months As Trillion-Dollar Asset Manager Warns Debt Spiral Threatens Americans’ Prosperity and Security

October 5, 2024 The Daily Hodl

US Government Borrows 7,887,738,000 in Three Months As Trillion-Dollar Asset Manager Warns Debt Spiral Threatens Americans’ Prosperity and Security

Daily Hodl

The US national debt has surged over $800 billion dollars in just three months amid a fiscal warning from one of the world’s largest asset managers. According to the U.S. Treasury Department’s Debt to the Penny system, the national debt hit an all-time high of $35.668 trillion on October 1st, up from $34.841 trillion on […]

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Elon Musk: America Is Headed for Bankruptcy

October 4, 2024 Bitcoin.com

bitcoin.com

Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highlighting growing national debt, he reacted to a staggering $204 billion increase in just one day. Musk stressed that interest payments on federal debt now surpass the defense budget, adding urgency to his […]

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Interest Payments on US National Debt Will Shatter $1,140,000,000,000 This Year – Eating 76% of All Income Taxes Collected: Report

July 21, 2024 The Daily Hodl

Interest Payments on US National Debt Will Shatter ,140,000,000,000 This Year – Eating 76% of All Income Taxes Collected: Report

Daily Hodl

The vast majority of Americans’ income taxes are now being swallowed up just to pay interest on the country’s national debt, new numbers show. Economist E.J. Antoni reports that based on the Fed’s June numbers, interest on the national debt is the equivalent of 76% of all personal income taxes collected by the government. “Interest […]

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US Debt Explodes $876,000,000,000 in Six Months As Ex-CIA Director Says America’s Balance Sheet Is National Security Threat

July 7, 2024 The Daily Hodl

US Debt Explodes 6,000,000,000 in Six Months As Ex-CIA Director Says America’s Balance Sheet Is National Security Threat

Daily Hodl

The US national debt is rising at a blistering pace. New data from the Treasury Department shows the nation’s outstanding debt jumped from $33.990 trillion on January 2nd of this year to $34.866 trillion on July 2nd. That’s an increase of over $876 billion in a matter of six months. The US government’s surging debt […]

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$215,653,379,240 Added to US National Debt in One Month As Former White House Official Warns America on Brink of Fiscal Abyss

June 29, 2024 The Daily Hodl

Daily Hodl

The U.S. just added $215.65 billion to the national debt in a span of only 30 days. According to new data from the U.S. Treasury, the national debt rose from $34,534,845,450,747 on May 15th to $34,750,498,829,987 on June 15th. As of last month, the interest being paid on the debt already exceeded the amount spent […]

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US National Debt Surges $69,417,431,854 in One Day, Reaching All-Time High of $34,750,498,829,987

June 19, 2024 The Daily Hodl

US National Debt Surges ,417,431,854 in One Day, Reaching All-Time High of ,750,498,829,987

Daily Hodl

The US national debt just surged to a new all-time high of $34.75 trillion. The new milestone comes after the nation’s outstanding debt jumped $69.41 billion in a single day, according to new numbers from the U.S. Treasury’s Debt to the Penny database. According to a new report from the Congressional Budget Office (CBO), the […]

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US National Debt Hits All-Time High of $34,667,000,000,000 As CBO Warns Rising Debt Will Reduce Americans’ Income

June 7, 2024 The Daily Hodl

US National Debt Hits All-Time High of ,667,000,000,000 As CBO Warns Rising Debt Will Reduce Americans’ Income

CBO

The US national debt just hit a new all-time high of $34.667 trillion. New numbers from the Treasury Department’s Debt to the Penny system show the country’s national debt reached the milestone on Friday, May 31st. That’s a $677 billion increase from the start of 2024, when the nation’s debt stood at $33.990 trillion. The […]

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US National Debt Surges $273,859,000,000 in Two Months As Billionaire Leon Cooperman Warns Nation Heading Toward Financial Crisis

April 28, 2024 The Daily Hodl

US National Debt Surges 3,859,000,000 in Two Months As Billionaire Leon Cooperman Warns Nation Heading Toward Financial Crisis

Daily Hodl

The US government’s balance sheet continues to expand at a scorching pace, with more than a quarter of a trillion dollars in debt added in two months. New data from the Treasury Department’s Debt to the Penny system shows the country’s national debt rose from $34.297 trillion on February 21st to $34.571 trillion on April […]

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US Debt Surging $10 Billion Per Day, $416 Million Per Hour, $6.94 Million Per Minute, $115,740 Per Second: US Treasury Department

March 9, 2024 The Daily Hodl

US Debt Surging Billion Per Day, 6 Million Per Hour, .94 Million Per Minute, 5,740 Per Second: US Treasury Department

Daily Hodl

America’s ever-increasing pile of debt is now growing at a stunning pace, according to new numbers from the U.S. Treasury. The agency’s “debt to the penny” database shows the national debt is ballooning by about $1 trillion every 100 days. That’s a staggering $10 billion per day, $416.67 million per hour, $6.94 million per minute […]

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U.S. debt

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