Articoli con tag : debt

More and more debt is piling up

A cura di di Walter Snyder, Swiss Financial Consulting Massive debt is piling up globally with more than $255 trillion on the books. The US federal debt is now over $23 trillion and growing at more than one trillion a year. The US trade balance deficit is over $600 billion annually. US corporatio ...

More On Debt

A cura di Walter Snyder This Newsletter has often examined the situation of the US in relation to its burden of debt. The increase in the debt is ongoing. The US Debt Clock (www.usdebtclock.org) currently registers $ 21.509 trillion for the US national debt and rising. This figure taken by itself is ...

Deep in Debt

A cura di Walter Snyder The next crisis is going to be due to debt. 2000 saw the dot-com bubble, and the Great Recession was due to subprime housing securitization. This time is different. A decade of QE, ZIRP and NIRP has resulted in misallocation of capital, which is naturally bad for capitalism. ...

Less Credit and More Debt

A cura di Walter Snyder, Swiss Financial Consulting More and more market observers fear a financial crisis in H2 2018 or in 2019. John Mauldin, David Stockman, Nomi Prins and others are pessimistic about the future. The last Newsletter mentioned some of the problems underlying this negative attitude ...

The Perfect Debt Storm

A cura di Walter Snyder, Swiss Financial Consulting Congress has voted to spend 300 billion more. Adding this to the projected budget deficit, the Treasury is going to have to find about one trillion more to finance expenses. With the debt already at 20.6 trillion (www.usdebtclock.org), FY 2018 does ...

Debt and Hurricane Damage

A cura di Walter Snyder, Swiss Financial Consulting The US national debt is now well over $20T thanks to a debt limit suspension approved by Congress that also includes $15.25B for hurricane relief. The FEMA (Federal Emergency Management Agency) had barely two days of funds left and was grappling wi ...

Debt Ceiling, accordo entro il 30 settembre per evitare uno shutdown

Entro il 30 settembre il Congresso degli Stati Uniti dovrà approvare una legge per finanziare i Dicasteri ed evitare di arrivare a uno “shutdown”. I repubblicani avevano più volte usato questo strumento per indurre i democratici a far passare alcune riforme indigeste, mettendo in imbarazzo la ...

China in the Red

A cura di Walter Snyder, Swiss Financial Consulting Long-term planning is typically Chinese, and the great increase in indebtedness in China is not an accident. Western commentators are quite right to note that debt has recently increased tremendously in the land under Beijing`s control, but they se ...

The Dollar Crash

A cura di Walter Snyder, Swiss Financial Consulting President Donald Trump has had experience with bankruptcy. This will prove to be useful as his tax plan, if approved by Congress, will push the US ever closer to financial disaster. The 2016 US trade balance deficit was over 500B. The national debt ...

Debt, Growth and Inflation

A cura di Walter Snyder, Swiss Financial Consulting Economists wax eloquent over the platitude that debt stifles growth. It is therefore not surprising that growth in the US has slowed since 2008 and Europe struggles to match pre-crisis results. Japan is a special case that has been stagnating for d ...

How High is High?

A cura di Walter Snyder, Swiss Financial Consulting Since the last Newsletter stock quotations have risen yet further with the DJIA hovering under the 21,000 mark with a P/E ratio of 21.3 while the S&P 500 is still around 2,370 with a P/E ratio of 26.5.The markets are waiting for the FOMC meetin ...

Zirp, Nirp and Debt

A cura di di Walter Snyder, Swiss Financial Consulting This Newsletter has previously examined various aspects of ZIRP, NIRP and QE with relation to debt. With few exceptions, however, Venezuela among others, there has been very little inflation or hyperinflation, especially in the US, EU, Japan an ...

Default and Inflation

di Walter Snyder, Swiss Financial Consulting The sorry financial condition of many countries is worrying on several accounts. The ratio of national debt to GDP in the US is, for example, over 100%. Japan and Greece appear to be hopeless. Years of ZIRP and QE have resulted in the misallocation of cap ...

Deflation and debt

di Walter Snyder, Swiss Financial Consulting There seems to be an agreement that central banks should aim to have an annual inflation rate of 2%. In the USA and Europe as well as Japan the inflation rate has stubbornly remained under this level. With the fall in commodity prices, especially that of ...