As National Debt Reaches $40 Trillion, A Sovereign Wealth Fund Might Be Just The Trump Card We Need
4 Articles
4 Articles
One of the most effective American ministers, according to TIME, Robert Reich, draws attention to a dizzying number. The post “Are you ready?” – The US owes 40 trillion, while the richest 0.1% owns wealth greater than China’s GDP appeared first on in.gr.
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As National Debt Reaches $40 Trillion, A Sovereign Wealth Fund Might Be Just The Trump Card We Need
By Robert Romano The national debt just surpassed $40 trillion for the first time. Bank of America recently projected it will hit $50 trillion by 2029. Anyone who has read these columns over the years will find this to be of little surprise. Beginning in 2019, I started keeping a tally for when the debt would hit $100 trillion, based on the nominal growth of the debt versus the nominal growth of the U.S. economy annually since 1980, then 8.8 per…
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