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Many people confuse the national debt with the deficit. True, they are important budgetary terms. But they are very different concepts: The term “debt” refers to the company balance sheet, while “deficit” is a cash flow concept.
...The United States had a bad debt problem going into 2020 – and it got a lot worse.
As of August 2020, the public debt of the United States amounted to more than $26.72 trillion. More than $3 trillion of that debt was larded on since February, thanks to a rapid economic contraction due to the COVID-19 pandemic and substantial stimulus spending as Congress and the Treasury tried to keep the economy from going into a general meltdown.
...Some people think it’s the greatest invention since the printing press. Others think it’s the biggest scam of all time. So what is bitcoin, really?
...Bitcoin, cryptocurrencies and blockchain technologies in general are sparking a revolution in commerce. Many people turn to cryptocurrency exchanges like Coinbase to buy and sell crypto assets. In recent years, some have expressed interest in investing in bitcoin and other cryptocurrencies within a self-directed IRA.
...Disclosure: We are reader-supported. If you buy through links on our site, we may earn a commission. Learn more.Silver, gold, and other precious metal investments are worth protecting. Precious metal investors must be on guard against a variety of risks besides the market. These risks include:LossTheft – either from outsiders or from people well known …
Adding silver to a self-directed IRA can help add diversification to your overall retirement portfolio. This potentially reduces overall volatility and increases your retirement portfolio’s ability to hold up during bear markets and other periods of uncertainty.
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