• Finance

    US Debt crisis & its hegemony with US Economy

    What is the US debt crisis? The US debt crisis is a situation in which the US government is unable to pay its debts. This can happen when a government has borrowed too much money and can no longer afford to make its payments. The US national debt is the total amount of money that the US government owes to its creditors. It has been growing for decades, and it is now at a record high of $30 trillion. This is a significant risk to the US economy, as it could lead to a sovereign default. What are the causes of the US debt crisis? The US debt crisis has…

  • Finance

    Ukraine War & its cascading impacts on the US Economy

    The war in Ukraine has had a significant impact on the US economy, both directly and indirectly. Direct impacts include: Indirect impacts of the war in Ukraine on the US economy include: The full impact of the war in Ukraine on the US economy is still uncertain. However, it is clear that the war is having a significant impact and that the economic outlook is becoming more uncertain. Here are some additional things that you can do to protect yourself from the economic impact of the war in Ukraine: The war in Ukraine is a difficult situation, but there are steps that you can take to protect yourself from the…

  • Finance

    High Inflation in the USA during 2023.

    The US is currently experiencing its highest inflation rate in 40 years. This is putting a strain on household budgets and businesses, and it is also making it more difficult for the Federal Reserve to raise interest rates without causing a recession. Households Businesses Overall perspective:- The Federal Reserve is trying to bring inflation under control by raising interest rates. However, raising interest rates too quickly or too much could cause a recession. A recession is a period of economic decline, when businesses start laying off workers and consumer spending declines. This can lead to a further decline in economic activity and a spiral of economic decline. The Federal Reserve…