national debt

A turning point for the world?

The turn of the year again focuses our thoughts more on the future of families. Hopes turn to health, peace and well-being. The German chancellor Olaf Scholz spoke at the last general assembly of the UN of a change of…

U.S. debt exceeds $23 trillion for the first time in history

By Countercurrents Collective U.S. Treasury Department figures released Friday show: U.S. public debt has surpassed $23 trillion for the first time in history, rising more than 100 percent in less than a decade and more than a trillion dollars this…

Billionaires, Fiscal Paradise, the World’s Debt, and the Victims

By Roberto Savio Among Bloomberg’s many profitable activities there is a convenient Bloomberg Billionaires Index, which has just published its findings for 2017. It covers only the 500 richest people, and it proudly announces that they have increased their wealth…

But the problem for Greece is not the Debt!

On one hand, there is the drama of the Greek people who find their saviour in Syriza; on the other hand, there is a farce between the latter and the rest of the EU, which swings from the serious to…