Macro guru Luke Gromen says the rise of Bitcoin (BTC) treasury companies is a logical response to the US government’s continued debasement of the dollar. In a new video update on YouTube, Gromen says investors are currently reacting to a large-scale financial bubble that has been “kicked upstairs” through the stock, banking, and housing markets…
Treasury Secretary Janet Yellen is urging Congress to act as the debt ceiling deadline approaches. In a letter to Speaker of the House Mike Johnson, Yellen says the government will likely reach its debt limit sometime in January, largely because of obligations related to Medicare payments – forcing the government to take “extraordinary measures” to…
With the recent Republican victories, one of the most notable economic shifts has been a surge in long-term Treasury yields, signaling potential changes in fiscal and monetary policy. This article The GOP win has rocked Treasury yields! But are we looking at more inflation, or is there a silver lining? 🌤 appeared first on Guerilla…
The International Monetary Fund (IMF) is sounding the alarm on skyrocketing levels of debt held by governments around the world. In its newest Fiscal Monitor Report, the IMF says global debt is expected to surpass $100 trillion by the end of the year. That’s up from $97 trillion a year ago, with the United States…