Paul Dykewicz
Governments Binge on Debt with Easy-Money Policies and Low Interest Rates
Confirmation that governments are squandering money on ill-advised programs fueled by the easy-money policies of central banks worldwide became all-too-evident earlier this week when a European business leader responded to a question I posed at a press briefing.
Debt Exceeds $100 Trillion as Governments Binge
The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to spend their economies out of recession and companies took advantage of record low interest rates.
U.S. Payrolls Rise 175,000; Unemployment Rate Climbs to 6.7 Percent
Employers added more workers than projected in February, indicating the U.S. economy is starting to recover from a weather-induced setback.
![[Gold bars]](https://www.stockinvestor.com/wp-content/uploads/3533411678_1d4dcacb7a_o.jpg)
Hedge Funds Take Most Bullish View of Gold in 14 Months
Hedge funds raised bullish gold bets to the highest level in more than 14 months, amid mounting concern that the U.S. economic recovery is slowing.
Fourth-Quarter U.S. GDP Growth Cut to 2.4 Percent
The U.S. government slashed its estimate for fourth-quarter growth as consumer spending and exports fell below initially estimates, suggesting a loss of economic momentum heading into 2014.
![[U.S. Capitol]](https://www.stockinvestor.com/wp-content/uploads/4521286063_fd57b1feff_b.jpg)
Credit Suisse Chief Tells Senate He ‘Regrets’ Tax Ploy
Chief Executive Brady Dougan of Swiss bank Credit Suisse testified before a Senate committee today that he “deeply regrets” that some of the company’s private bankers violated U.S. tax laws.