The live chart for the “Public Debt to GDP ratio” and “External Debt to GDP ratio” of select countries can found in the US Debt Clock site. Click to enlarge Source: US Debt Clock The screenshot above is as of November 6, 2011. For the latest data please go to their website.
The current US National Debt is over $14.8 Trillion. Much of this debt is owed to U.S. residents. Among the external creditors, China is the largest holder of U.S. debt. The U.S. spends a large portion of its budget each year in the form of interest payments to service the huge debt load. The following …
Continue reading ‘One Year U.S. Interest Payments on National Debt’ »
The percentage of population living in poverty continues to decline in Brazil but is increasing in the U.S. in recent years. The following chart shows the decline in poverty and income distribution in Brazil since 1990: Click to enlarge Source: Economic Survey of Brazil, OECD The OECD report notes that the poverty rate has declined …
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I Wall Street in the 1800s I came across a paper on total returns of bonds, stocks and bills by Dr. Bryan Taylor of Global Financial Data, Inc. The following are some interesting facts from the paper about investing in financial assets during the 1800s in the U.S. : “Most people invested in bonds, not stocks …
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Increasing taxes does not necessarily lead to higher income tax revenues for the Federal government according to a study by The Heritage Foundation: Source: 2011 Budget Chart Book, The Heritage Foundation