(Justin Deschamps) The International Monetary Fund recently stated it would institute a coronavirus relief policy, totaling $500 million for debt relief. The relief is in the form of a grant, specifically to be used by nations that are having difficulty in paying their IMF debt obligations. This sounds good on the surface, but I would argue it is a token gesture that offers only short term help without addressing the grander issue of economic fallout due to the global pandemic.
The post IMF Executive Board Approves Immediate Debt Relief for 25 Countries appeared on Stillness in the Storm.
(Mike Adams) Today we’ve published a powerful new video on Brighteon.com that explains how you are a “slave wage worker” owned by a globalist corporation known as the United States of America.
The post Powerful New Video: You Are the Slave Property of a Corporation Called the United States of America appeared on Stillness in the Storm.
(Zero Hedge) SmartAsset, a personal finance technology company, has published a new study that identifies certain US metropolitan areas with the highest student loan balances.
The post Millennials With Student Debt Are Getting Crushed The Most In These Ten Cities appeared on Stillness in the Storm.
(Mandy Froelich) Good news! In May of this year, multi-billionaire and philanthropist Robert F. Smith.pledged to pay off the student loan debt of an entire graduating class. Now, he’s intent on paying off the debt of the students’ parents, as well!
The post Billionaire Who Promised To Pay Off College Students’ Debt Is Tackling Their Parents’ Debt, Too appeared on Stillness in the Storm.
(Zero Hedge) According to a new report from Truth in Accounting, the most-indebted states include New Jersey, Illinois, Connecticut, Massachusetts, Hawaii, Delaware, Kentucky, California, and New York.
The post Debt Bombs: Here Are The States With The Most Debt appeared on Stillness in the Storm.
(Mitchell Nemeth) At around $22.5 trillion, the United States national debt sits at 106 percent of Gross Domestic Product (GDP). There is no disputing that this gigantic debt will someday become due and payable. However, there is hesitation among the political class as to what must be done to pay down and eliminate this debt.
The post 18 Facts on the US National Debt That Are Almost Too Hard to Believe appeared on Stillness in the Storm.
10 Myths About Government Debt — According to an Economics Professor
The post 10 Myths About Government Debt — According to an Economics Professor appeared on Stillness in the Storm.
(Michael Snyder) Are you ready to cough up $220,000 to pay your share? One of the reasons why a day of reckoning for the U.S. economy is inevitable is because we are in way too much debt.
The post $220,000 For Every Man, Woman And Child – America Is Now 72 Trillion Dollars In Debt appeared on Stillness in the Storm.
(Stephanie Savell) This March marked the 16th anniversary of the U.S.-led invasion of Iraq. In 2003, President George W. Bush and his advisers based their case for war on the idea that Saddam Hussein, then dictator of Iraq, possessed weapons of mass destruction — weapons that have never been found. Nevertheless, all these years later, Bush’s “Global War on Terror” continues — in Iraq and in many other countries.
The post We Have Spent $32 Million Per Hour on War Since 2001 appeared on Stillness in the Storm.