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Nalezeno "Debt": 688

Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package


Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...

How Much Debt Can a Country Handle?


As conventional wisdom grows that central banks can go more deeply into debt than previously thought, one economist asks, how much is too much?

Governments Can't Cancel Pandemic Debt By Printing More Money


Ananish Chaudhuri is the Professor of Behavioural and Experimental Economics at the University of Auckland. ___ With the government borrowing heavily to fund its pandemic response and recovery, it has been suggested it could simply cancel its debt by printing more money. That sounds like...

Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange


The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create...

3rd Incident Hits bZx - Debt Up by USD 8m, Team Still Praises the Protocol


DeFi lending protocol bZx (BZRX) confirmed that "due to a token duplication incident" its insurance fund "has transiently" accrued debt of around USD 8m. At pixel time (08:05 UTC), BZRX, ranked 138th by market capitalization, trades at USD 0.439 and is down by 32% in a day...

Jim Rogers Predicts End of Dollar Dominance as US-China Tensions Escalate


Renowned investor Jim Rogers believes that the U.S. dollar dominance is coming to an end as the tensions between the U.S. and China mount. The growing national debt, the protests, the political uncertainty surrounding the presidential election, and countries seeking a USD alternative in fear...

US in 'Terminal Debt Spiral', Might Help Crypto & Digital USD Adoption


With governments across the world pumping public spending to mitigate the economic impact of the COVID-19 pandemic, 2020 could be a record-breaking year for debt. While this year’s spending extravaganza could tank the value of currencies worldwide and spur a hike in inflation, as stated a recent...

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