Where Do UK Taxes Go?
The UK is spending £39.4 billion ($52.72 billion) on interest on the national debt, more than it spends on national defense and more than it spends on culture, the environment, and housing and utilities combined
The UK is spending £39.4 billion ($52.72 billion) on interest on the national debt, more than it spends on national defense and more than it spends on culture, the environment, and housing and utilities combined
Fossil fuels represent 78.2% of all energy used in the US
Territorial borders include not just land borders but Exclusive Economic Zones (EEZ) as well
‘You have to understand that both Japan and Europe, they have completely destroyed their bond markets’
The dramatic loss of Native American lands with the US
‘Concrete Mixer’ by Pawel Kucynski.
The interest expense is more than the combined amount spent on food assistance for the poor plus the departments of: Homeland Security, Housing and Human Development, Energy, Justice, the State Department, NASA, Agriculture, Transportation, the Interior, and the EPA
‘Every time the private sector yield curve got inverted in the past we had a big problem’
China’s total government debt growth rate is now significantly faster than in the US
The largest foreign import, by value, for every state in the US