BlackRock FUD Surges Over Poor Nation’s Debt

BlackRock criticized over its ownership of Zambian national debt.

The post BlackRock FUD Surges Over Poor Nation’s Debt appeared first on BeInCrypto.

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U.S. debt ceiling hike: A gateway to exponential borrowing

Quick Take After the U. S. government’s decision to suspend the debt limit till 2025, the national debt has swelled to a staggering $32. 6 trillion from nearly $32 trillion in June. With the Treasury’s new plan to borrow an additional $1.

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Forty-year leap: US national debt nearing $1T in interest alone

Quick Take The United States is experiencing a steep surge in interest payments, now reaching approximately $970 billion. According to financial analyst Joe Consorti, this constitutes an escalation of $41 billion within the second quarter alone.

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Novogratz recommends buying bitcoins due to the growth of the US national debt

The head of the Galaxy Digital blockchain company, Mike Novogratz, recommends buying bitcoins due to the growth of the US government debt. From June 1 to July 6, the debt owed to creditors of the US federal government increased by $ 1 trillion and reached $ 32.

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Bitcoin Bull Mike Novogratz Urges to Buy BTC After This Revelation

Bitcoin advocate Mike Novogratz sounds alarm on escalating US national debt, urges investors to buy BTC

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U.S. national debt experiences an $851 billion surge following debt ceiling suspension

Quick Take CryptoSlate reported on June 14 that the U. S. debt was approaching $32 trillion. Since then, the debt has continued to grow rapidly. According to WolfStreet, last Friday, June 30, the Treasury Department reported that the U.

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US national debt nears $32 trillion, set to soar further by 2027

Quick Take On this day, on June 14, 2020, the U. S. national debt was roughly $26. 3 trillion, according to USdebtclock. org. Today, on June 14, 2023, the US national debt is $31. 9 trillion. We are 17 days away from the U.

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Parabolic Rise in National Debt Predicted For America

The U.S. economy is in for a rocky road ahead if the national debt skyrockets, as predicted by analysts and economists. The post Parabolic Rise in National Debt Predicted For America appeared first on BeInCrypto.

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The Looming Default: Gauging the Impact of a US National Debt Crisis

Delve into the potential aftermath of a US national debt crisis, exploring global economic consequences, social implications, preventative measures, and the role of digital currencies like Bitcoin.

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U.S. debt hits $30 trillion, brrrrr…

Driven in most parts by a response to the coronavirus pandemic, United States national debt has surged more rapidly than projected in recent years. The post U.S. debt hits $30 trillion, brrrrr… appeared first on CryptoSlate.

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All the world’s Bitcoin can only pay 2.43% of $30T US national debt

The latest grim milestone for the U.S. economy means that its national debt total is now 4,000% larger than the Bitcoin market cap.

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Laotian govt budget expected to gain $194M from crypto miners by 2022

Lawmakers reportedly plan to use the extra revenue for “priority programs,” including paying down the national debt and responding to the pandemic.

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Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11

Debt ceiling uncertainty erodes trust in the dollar, the DOJ announces the National Cryptocurrency Enforcement Team and the SEC investigates Circle.

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What Happened In 1971? President Nixon Broke Money, Giving Central Banks Absolute Monetary Authority – Bitcoin Fixes This

The Nixon shock and subsequent dissolution of the Bretton Woods system have resulted in untenable inflation, mounting national debt, and extreme income and wealth inequality as the world’s largest economy stands on the brink of hyperinflation.

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Crypto Investing has Left Gen Z Koreans With Massive Debt, Claims Government Official

A member of South Korea’s National Assembly has stated that the debts of the country’s younger generation saw a massive increase due to investment in cryptocurrency, stocks, and real estate.

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Debt without consent: The tragedy of monopolized fiat money

Why the government should make a monetary transition to Bitcoin, and the problems that cryptocurrency would help solve, such as preemptive war and national debt.

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COVID-19 vaccine will spark Bitcoin ‘crash’ — Rich Dad Poor Dad author

Robert Kiyosaki calls the United States “bankrupt” as national debt bears $27 trillion, listing Bitcoin among the three “best” long-term investments.

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Jim Rogers Predicts End of Dollar Dominance as US-China Tensions Escalate

Renowned investor Jim Rogers believes that the U.S. dollar dominance is coming to an end as the tensions between the U.S. and China mount. The growing national debt, the protests, the political uncertainty surrounding the presidential election, and countries seeking a USD alternative in fear of sanctions will take a toll on the dollar, he […] The post Jim Rogers Predicts End of Dollar Dominance as US-China Tensions Escalate appeared first on Bitcoin News.

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US Debt on Track to Grow Higher than Its National Economy by 2021

The US national debt is on track to set a new record that hasn’t been touched since the end of WWII. Assuming current policies remain in effect, debt in the United States will be larger than its economy by 2021.

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11 Numbers That Tell the Story of the Economy Right Now

From the price of coffee to the national debt as a percentage of GDP, these 11 numbers provide a picture of a fast changing global economy.

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Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion

In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U. S. federal budget has been on an unsustainable path for years. He added that the U.

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Госдолг США растёт на $24 млн каждую минуту

Аналитик Мати Гринспен указал на статистику Казначейства США за 7 мая, которая показывает, что общий государственный долг страны впервые превысил $25 трлн. BRRRRRRR BRRRRRRR BRRRRRR BRRRRRRRRRRRRR!!! The US National Debt has now reached $25 trillion! It only just reached $24T on April 9th.

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US National Debt Is About to Pass $25 Trillion

The national debt of the United States is about to pass a milestone. It will soon surpass $25 trillion. U. S. national debt continues to grow at an unprecedented rate. With the COVID-19 pandemic rattling global economies, many nations have taken on massive debt burdens to cover for it.

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U.S. Government Continues Digging a Hole of Debt, Bitcoin Keeps Growing

The United States Treasury has announced the return of the 20-year bond, as it faces mounting deficits. With more than $23 trillion of debt owed by the U. S. , coming up with ways to rake in interest is becoming a much greater portion of the national budget.

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Rising U.S. National Debt Is a Ticking Time Bomb Only Bitcoin Can Fix

The U. S. economy grew by 2. 1 percent in the Q3 2019 as compared to an expected rate of 1. 9 percent. But, behind the growth is a problem that no one is talking about: rising national debt. Could Bitcoin pose as a solution? As cryptocurrency researcher The Moon (@themooncarl) revealed on Twitter, the American economy might […] The post Rising U.

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Got Bitcoin? US Fed Warns National Debt Growth Is ‘Not Sustainable’

Fed stays soft on “consequences” of $23 trillion debt

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Is Ray Dalio a Bitcoiner? Hedge Fund Manager says The System is Broken & Central banks’ Attempts are “Futile”

Just a few days after the Federal Reserve cut interest rates for the third time this year and the US national debt hit $23 trillion for the first time, billionaire hedge fund manager Ray Dalio released yet another LinkedIn post titled, “The World Has Gone Mad and the System Is Broken.” According to Dalio, it […]

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United States National Debt Hits 23 Trillion — Over $1M Per Bitcoin

The United States’ national debt per citizen is now nearly $70,000 for a total of over $23 trillion

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Is Peter Schiff Warming Up To Bitcoin With His Anti-Trump Tirade?

Serial Bitcoin basher and gold investor Peter Schiff has had a rare moment and change in stance on BTC in a recent tirade about the dire state of the US economy. US Debt Out Of Control There is no disputing the fact that US national debt is spiraling out of control.

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Venezuelan President Pushes for Petro Crypto Adoption with Latest Govt. Fund Allocations

In an effort to dig out the country from the deep hole of hyperinflation, sovereign debt and sanctions from other economies, President Nicolas Maduro, Venezuela’s leader, is set to implement an aggressive strategy focused on its national cryptocurrency – Petro.

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There Aren’t Nearly Enough Bitcoins to Cover These Countries’ National Debts

National debts have ballooned for most major countries in the past few years. To put that into a crypto-perspective, let’s see how much that would be relative to the current market capitalization of Bitcoin.

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Senate Math Whiz Blames YOU for Out-of-Control National Debt

Bobby Kogan says the national debt is your fault. Kogan is the chief mathematician for the Senate Budget Committee. In other words, he’s the one helping Congress spend your money. Kogan pointed out on Twitter this week that full tax compliance would help balance the government’s spiraling national debt problem.

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Bitcoin Becoming the Better Option as U.S. National Debt Hits $22.5 Trillion

Coinspeaker Bitcoin Becoming the Better Option as U. S. National Debt Hits $22. 5 TrillionNeed convincing reasons to purchase Bitcoin? President Trump signed a financial agreement that increases the US national debt by about $22.

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HODL Bitcoin: Trump Signature Hikes National Debt by $1.7 Trillion

By CCN Markets: Donald Trump might not like bitcoin, but he's doing an excellent job creating the economic conditions in which the leading cryptocurrency can thrive. Need proof? Just look at the US national debt, which crossed the $22 trillion mark in February and has ballooned by nearly $400 billion more in the six months […] The post HODL Bitcoin: Trump Signature Hikes National Debt by $1.7 Trillion appeared first on CCN Markets

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Bitcoin Becoming a Better Hedge as US National Debt Hits $22.5 Trillion

Bitcoin can be many things depending on how it is used. A form of digital money, a trading vehicle for short term gains, a long term investment, or as we have seen more recently, a hedge against government instigated economic hardships.

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Brave Introduces Twitter Tipping… Hint Hint….

Looks like Donald Trump has found another source of income. Users of the Brave browser can now reward content creators over Twitter, with tips dispensed in the Basic Attention Token (BAT). With nearly 63 million followers, the American President is only a few offensive tweets away from paying off the national debt.

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MERJ to become first public securities exchange to tokenize its shares

MERJ, a multi-market global financial exchange for equities, debt, and derivatives, today announced plans to list the first-ever regulated security token on a national exchange. Tokenized shares for MERJ Group will be listed alongside its existing stock, bringing tokenized securities under the umbrella of a national, regulated bourse for the first time. Confirming backing last […]

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FIS Buys Worldpay for $35 Billion Piling Pressure on Rivals

Coinspeaker FIS Buys Worldpay for $35 Billion Piling Pressure on RivalsWorldPay has been bought by Florida-based Fidelity National Information Services (FIS) for $35bn in cash and shares, plus WorldPay's debt.

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New York Nears Financial Ruin as Debt Balloons Over $80,000 per Household

As public spending and debt levels in New York rise its wealthy and businesses leave, sick of high taxes. New York sits on the edge of bankruptcy. Experts warn that further exits or a national recession could push the city over the edge into all-out financial ruin.

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AOC’s ‘Grotesque’ Economic Plan is Just a Ripoff from Obama

Earlier this week, former Barack Obama adviser Larry Summers called Alexandria Ocasio-Cortez’s spending proposals “dangerous. ” Obama Adviser Summers: Ocasio-Cortez Plan ‘Dangerous’ for US Economy Summers, who was once the chief economist at the World Bank, told CNBC that advocating to run up the national debt – as Ocasio-Cortez and Bernie Sanders have – and let the Federal Reserve endlessly monetize the debt by “printing” more money to acquire Treasury securities is not a “realistic calculus.

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$22 Trillion Crisis: America’s Founders Would Face-Slap Today’s Politicians

America’s $22 trillion national debt is transforming the land of the free into a dystopian wasteland of citizens who are enslaved to bondholders. (Bond, as in debt instrument, is rooted in the word “bondage,” meaning slavery.

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4 Reasons Bitcoin is the World’s ‘Most Compelling Asset’: VC Spencer Bogart

Now is the perfect time to buy bitcoin, according to Spencer Bogart, a partner at Blockchain Capital. Speaking to Bloomberg, Bogart was evangelical about bitcoin, calling it “the most compelling asset in the world right now.

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Asymmetric Risk

History has been made today as the US National Debt has crossed the landmark level of $22 trillion. That looks like this: $22,000,000,000,000. This may seem like a distant number and it’s certainly easy for us to get detached but let me remind you that just about every pension and investment fund in the world holds a large amount of US treasuries.

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The American Jubilee Review: Porter Stansberry’s National Nightmare Debt Finance Research

Financial analysis company Stansberry Research just released a book called The American Jubilee. The $5 book highlights an upcoming crisis in the American economy – including how you can take advantage of that crisis.

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US National Debt Hits Terrifying $22 Trillion. This is Why Bitcoin Matters.

Today is a record moment in US history. The total national debt has surpassed $22 trillion for the first time ever. The runaway mountain of debt is a terrifying reminder of how fragile the fiat monetary system is.

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Indian Telecom Operator RCom Shares Crash 50% after Racking Up $7 Billion Phone Bill

Shares in debt-laden Reliance Communications (RCom) fell close to 50% on Monday as the Anil Ambani-owned company announced that it would seek bankruptcy protection from India’s insolvency tribunal.

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Fed Chair Concerned About $22 Trillion US Debt, is Bitcoin a Viable Alternative?

The US national debt now stands at $21. 974 trillion, a 10% increase since President Donald Trump took over the oval office. And Bitcoin may be the needle people need to pop the debt bubble. Fed Chair Jerome Powell, talking about the $22 trillion US debt: "I'm very worried about it, but from the Fed's standpoint.

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New Cryptocurrency-Based ETP Arrives in Switzerland

Amun AG, a startup in Zug, Switzerland, has received a license from Swiss authorities to offer a new cryptocurrency exchange-traded product (ETP). An ETP is a blanket term to denote a security that derives its price from an underlying asset (e.

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What Happens to Crypto If the US Dollar Collapses?

German-Finnish Internet entrepreneur Kim Dotcom recently tweeted that he, along with many economists, predict that the US dollar will eventually collapse under the heavy national debt burden.

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