Merry Christmas… Here’s The Average Credit Card Debt In Every US State
Merry Christmas… Here’s The Average Credit Card Debt In Every US State This map, via Visual Capitalist’s Pallavi Rao, visualizes the average credit card debt held by households in each U.S. state and ranks the states where residents pay off the debt the fastest and slowest. Data is sourced from Bankrate (2024) who also used average monthly […]
El-Erian: A Baseline Scenario For The Global Economy In 2025
El-Erian: A Baseline Scenario For The Global Economy In 2025 Authored by Mohamed El-Erian via Project Syndicate, In 2024, global geopolitics and national politics have undergone considerable upheaval, and the world economy has both significant weaknesses, including Europe and China, and notable bright spots, especially the US. In the coming year, the range of possible […]
“Theoretically, Yes”: Goldman Says US LNG Can Replace Russian LNG Imports To EU
“Theoretically, Yes”: Goldman Says US LNG Can Replace Russian LNG Imports To EU Samantha Dart, co-head of global commodities research at Goldman, published a note to clients outlining five key questions and answers about the US-EU liquefied natural gas trade. This comes just days after President-elect Donald Trump threatened the EU with a barrage of tariffs unless […]
A Debt Jubilee Of Biblical Proportions Is Coming… Are You Ready?
A Debt Jubilee Of Biblical Proportions Is Coming… Are You Ready? Authored by Nick Giambruno via InternationalMan.com, Four thousand years ago, the rulers of ancient Babylon discovered a technique to stave off violent revolts. In ancient times, people often became hopelessly indebted to their creditors. As debts mounted, social unrest would boil over, threatening the […]
China To Issue Record 3 Trillion Yuan In Special Treasury Bonds To Boost Economy
China To Issue Record 3 Trillion Yuan In Special Treasury Bonds To Boost Economy It may not be the bazooka, but it’s a start. Less than a week after we showed the historic collapse in Chinese interest rates, which sent China’s 1Y yield below 1% for the first time since the Global Financial Crisis, in […]
10 New Ideas To Make America’s Economy Great Again In 2025
10 New Ideas To Make America’s Economy Great Again In 2025 Authored by Stephen Moore via PJMedia.com, Here’s my wish list for the incoming Trump administration to make America healthy and prosperous and great again in 2025. 1. Slash Job-Killing Regulations The regulatory state is a $2 trillion tax on the American economy. We all […]
11 Signs That The Slow-Motion Collapse Of The US Economy Is Far More Advanced Than Most People Think
11 Signs That The Slow-Motion Collapse Of The US Economy Is Far More Advanced Than Most People Think Authored by Michael Snyder via TheMostImportantNews.com, The fact that economic conditions are getting worse is certainly not good news, but it is better to know in advance what is coming. After four years under Joe Biden, the […]
Meta Smart Ray-Ban Glasses Big Winner? Goldman Finds App Downloads Hit 200% YoY
Meta Smart Ray-Ban Glasses Big Winner? Goldman Finds App Downloads Hit 200% YoY The wearable technology market race ended in massive disappointment for Apple in 2024, as Tim Cook’s $3,500 Vision Pro headset struggled to gain traction. Meanwhile, interest in Meta’s affordable smart Ray-Bans surged. Affordability has been a key factor driving consumers toward Meta’s glasses. […]
Central Banks Will Prioritize Government Spending Over Inflation In 2025
Central Banks Will Prioritize Government Spending Over Inflation In 2025 Authored by Danile Lacalle, Independence of central banks has been under question for many years. However, the disappearance of “higher for longer” in 2024 erased any doubt about the monetary authorities’ lack of independence. The Federal Reserve panicked in June 2024 and decided to delay […]
Visualizing The $115 Trillion World Economy In One Chart
Visualizing The $115 Trillion World Economy In One Chart There’s nothing quite like a big chart to really get into the data. In this edition, Visual Capitalist’s Pallavi Rao takes a look at the massive $115 trillion world economy in 2025, along with how it breaks down per country. Data is sourced from the International Monetary Fund’s GDP estimates […]