Category: Economics
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U.S. National Debt Reaches $33 Trillion
Understanding the Implications of a Maxed Out Debt Clock The U.S. National Debt has reached an alarming milestone: $33 trillion. This astronomical figure, unparalleled in U.S. history, comes at a time when concerns about the nation’s fiscal health are more pronounced than ever. Alongside this, the U.S. Debt Clock, a symbolic representation of the country’s…
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Time to End the Fed and Its Mismanagement of Our Economy
Every major economic downturn of the last 110 years bears the mark of the Federal Reserve. In fact, as long as the Fed has been around, it has swung the economy between inflation and recession. Yet Americans, surprisingly, have tolerated it. But we shouldn’t expect that to go on forever. We had three central banks before the Fed, and confined…
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The Success of FATCA: A Case Study in International Financial Regulation
In an era of burgeoning globalization and digital finance, the Foreign Account Tax Compliance Act (FATCA) stands as a remarkable achievement in the fight against tax evasion and the promotion of financial transparency. Implemented in 2010 by the U.S. government, FATCA aims to detect and deter U.S. taxpayers who use foreign accounts to circumvent U.S.…
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Global Stock Markets Poised for Boost from China Property Revival Plans
China’s efforts to kick-start a property sector revival are poised to have a substantial, positive impact on international stock markets and delight global investors, says the founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. The upbeat assessment from deVere Group’s Nigel Green comes as The People’s Bank of China…
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The Cross-Border Relationship Between Alaska and British Columbia
Alaska and British Columbia Cooperation in Infrastructure Development The cross-border relationship between Alaska and British Columbia (BC) has been a vital and evolving dynamic over the years. Sharing a vast border, these two regions have developed a symbiotic relationship characterized by cooperation in various sectors, particularly in transportation and infrastructure development. This article delves into…
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The Success of the Abrahamic Accords: A Milestone in Middle East Peace
The Abrahamic Accords, hailed as a historic breakthrough in Middle Eastern diplomacy, have achieved unprecedented success in normalizing relations between Israel and several Arab nations. The Accords, brokered in part by the United States in 2020, paved the way for a new chapter of cooperation in the region. Countries Involved: Israel: The primary nation at…
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New Survey Reveals Top 3 Money Fears of Under 30s
A new survey conducted by deVere Group one of the world’s largest independent financial advisory, asset management and fintech organisations, has unveiled the top three money fears of people under the age of 30. The survey, which delves into the financial anxieties of this demographic, offers valuable insights into the challenges they face in managing…
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The Austrian School of Economics: A Pathway to the Gold Standard?
The Austrian School of Economics, a distinct body of economic thought, has long harbored an affinity for the gold standard. Its proponents advocate for minimal government intervention, free markets, and sound money – often embodied by gold. As global economies grapple with economic and monetary challenges, some Austrian economists suggest a return to the gold…
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Unraveling the Pros and Cons of Central Bank Digital Currencies (CBDCs)
To Enslave Humanity with a Social Credit System and Digital ID Central Bank Digital Currencies (CBDCs) have emerged as a hot topic in financial technology circles, with various nations across the globe exploring and implementing this revolutionary concept. These are virtual versions of national currencies, backed by the central bank, offering the prospect of significant…