The rapid decline of the U.S. public finance: Why the Democrats should care about this for the 2020 Elections
Two camps are fighting for the political leadership of the U.S. One camp has one horse called Trump, the other twenty. Whoever you prefer, both sides don’t understand how serious the problem is of U.S. public finance.
The 2020 financial crisis
U.S. governments have been desperately financially undisciplined. Since Bill Clinton restored the budget deficit of the country, Donald Trump is cruising at a pace to reach the world record of a $1,500,000,000,000 deficit. It would be the double of what it was in 2018 ($778 billion)! And of course, it will be financed with debt. Read More