The Vicious Cycle of Government Debt: An Analogy Unveiled

Imagine a scenario where an individual, let’s call them John Q. Public, finds themselves in a financial predicament. John needs to borrow $1000 from someone else to cover their bills for the next two months, agreeing to a 3% interest rate. Initially, John manages to pay off the interest ($15.) every six months for two … Read more

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Investing Minute

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