Posts Tagged ‘trillion’

Why did no one notice the cover-up of the USD $17.66 trillion REPO from Sep 2019 to Jun 2020?!?!

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Why did no one notice the cover-up of the USD $17.66 trillion REPO from Sep 2019 to Jun 2020?!?!

Source

Fast transition to renewable energy could save $12 trillion by 2050

One of the most common rhetorical roadblocks thrown up in the way of climate action is that it will cost too much money. However, a new study published in Joule Tuesday asserts that the opposite is true. A rapid transition away from a fossil-fuel based energy system to a renewable-dependent one would actually save the world trillions of dollars by […]

Fast transition to renewable energy could save $12 trillion by 2050

One of the most common rhetorical roadblocks thrown up in the way of climate action is that it will cost too much money. However, a new study published in Joule Tuesday asserts that the opposite is true. A rapid transition away from a fossil-fuel based energy system to a renewable-dependent one would actually save the world trillions of dollars by […]

Fast transition to renewable energy could save $12 trillion by 2050

One of the most common rhetorical roadblocks thrown up in the way of climate action is that it will cost too much money. However, a new study published in Joule Tuesday asserts that the opposite is true. A rapid transition away from a fossil-fuel based energy system to a renewable-dependent one would actually save the world trillions of dollars by […]

Fast transition to renewable energy could save $12 trillion by 2050

One of the most common rhetorical roadblocks thrown up in the way of climate action is that it will cost too much money. However, a new study published in Joule Tuesday asserts that the opposite is true. A rapid transition away from a fossil-fuel based energy system to a renewable-dependent one would actually save the world trillions of dollars by […]

Fast transition to renewable energy could save $12 trillion by 2050

One of the most common rhetorical roadblocks thrown up in the way of climate action is that it will cost too much money. However, a new study published in Joule Tuesday asserts that the opposite is true. A rapid transition away from a fossil-fuel based energy system to a renewable-dependent one would actually save the world trillions of dollars by […]

Fast transition to renewable energy could save $12 trillion by 2050

One of the most common rhetorical roadblocks thrown up in the way of climate action is that it will cost too much money. However, a new study published in Joule Tuesday asserts that the opposite is true. A rapid transition away from a fossil-fuel based energy system to a renewable-dependent one would actually save the world trillions of dollars by […]

Poland Demands $1.3 Trillion War Reparations From Germany

“Germany has never really accounted for its crimes against Poland,“ said Jaroslaw Kaczynski, who is Poland’s chief policy maker.

Poland Puts Its World War II Losses at $1.3 Trillion, Demands German Reparations

WARSAW—Poland estimates its World War II losses caused by Germany at 6.2 trillion zlotys ($1.32 trillion), the leader of the country’s ruling nationalists said on Thursday, and he said Warsaw would officially demand reparations. Poland’s biggest trade partner and a fellow member of the European Union and NATO, Germany has previously said all financial claims […]

Rattner: Biden $2 Trillion Spending a Major Culprit for Inflation

Thursday on MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, weighed in on the record-high inflation under President Joe Biden.

Democrats Pass $1.5 Trillion Omnibus Spending Bill After Democrat Disarray

House Democrats passed a $1.5 trillion omnibus spending bill after hours of delay and Democrat confusion. House Democrats passed the $1.5 trillion omnibus spending bill, which was separated into two votes. The first half, focusing on security funding, passed with 361 votes for and 69 votes against the provision. The second half, featuring the remainder […]

$1.5 Trillion Omnibus Spending Bill Expands Diversity, Inclusion at Office of Director of National Intelligence

The $1.5 trillion omnibus spending bill the House plans to vote on Wednesday contains a provision that would expand diversity, equality, and inclusion at the Office of the Director of National Intelligence. House leaders released the legislative text for the $1.5 trillion omnibus bill Wednesday morning; the House plans to pass the bill by the […]

Russia activates defences to shield $1.5 trillion economy

The central bank more than doubled its key interest rate to 20%, the highest in almost two decades, and imposed some controls on the flow of capital. It was part of a barrage of announcements that eventually restored some calm after a rout that pushed some Russian Eurobonds into distressed territory last week. “The Bank […]

‘Can’t afford’ build back better? US billionaires saw $1 trillion wealth boom in 2021 alone

Image credit: Wikipedia A new analysis out Tuesday shows that the nearly 750 billionaires in the United States saw their combined wealth soar by $1 trillion in 2021, a 25% jump that—if taxed—would be enough to fully fund major priorities in Democrats’ stalled Build Back Better package. According to fresh number-crunching by Americans for Tax Fairness (ATF), Tesla […]

Wall Street Dealmaking Tops $5.8 Trillion In Record Year As Fed Floods World With Money

Ask any junior banker, and they will likely tell you that staffing levels are criminally low considering the intensity of deal flow over the past year. So it shouldn’t come as a surprise that 2021 was – just like last 2020 – a bumper year for deals, from SPACs to M&A. According to data from […]

Fed Drains $1.9 Trillion in Liquidity from Market via Overnight Reverse Repos

The New York Fed disclosed today that its overnight reverse repos (RRPs) spiked by $208 billion from yesterday, to a record $1.904 trillion. With these RRPs, the Fed took in $1.9 trillion in cash from 103 counterparties, and in exchange handed out Treasury securities, temporarily draining $1.9 trillion in liquidity from the market and financial […]

Billionaires increased wealth by $3.6 trillion in 2020, as millions died from global pandemic

The World Inequality Report 2022, released by the global research initiative World Inequality Lab, found that the COVID-19 pandemic has widened the financial gap between the rich and poor to a degree not seen since the rosy days of world imperialism at the turn of the 20th century. The world’s billionaires enjoyed the steepest increase […]

The Lithium Extraction Tech That Could Take Tesla To $2 Trillion

In Austin, Texas, Elon Musk is building his Tesla Cybertruck plant… And is developing a new technology to supply their huge lithium requirements. Even Samsung is moving production from overseas to Texas Why? American lithium is expected to be in high-demand for the next century… And early investors in the companies set to profit could receive significant returns on […]

Since 2008, Monetary Policy Has Cost American Savers about $4 Trillion

After 13 years with on average negative real returns to savings, it is time to require the Fed to address its impact on savers. By Alex J. Pollock, Senior Fellow at the Mises Institute. With inflation running at over 6 percent and interest rates on savings near zero, the Federal Reserve is delivering a negative 6 percent real (inflation-adjusted) return on trillions […]

How to cut $1 trillion from the Pentagon

Bernie Sanders (Crush Rush via Shutterstock) Even as Congress moves to increase the Pentagon budget well beyond the astronomical levels proposed by the Biden administration, a new report from the Congressional Budget Office (CBO) has outlined three different ways to cut $1 trillion in Department of Defense spending over the next decade. A rational defense policy could […]

Nvidia Rallies With Key Catalysts Ahead: Will Chipmaker Be the Next to Join $1-Trillion Club?

Nvidia, Inc. (NVDA) shares rallied strongly Thursday, helping the graphics chipmaker add close to $100 billion in market capitalization in a single session. The strong gains raise the specter of an imminent correction, but the company stands to gain from a series of catalysts lined up for the coming months. Nivida a Star Performer Year-to-Date: […]

US billionaires are now $2.1 trillion richer than before the pandemic

America’s billionaires have grown $2.1 trillion richer during the pandemic, their collective fortune skyrocketing by 70 percent — from just short of $3 trillion at the start of the COVID crisis on March 18, 2020, to over $5 trillion on October 15 of this year, according to Forbes data analyzed by Americans for Tax Fairness […]

Global Debt Leaps to $226 Trillion, reports IMF

The global debt has jumped to a new high of $226 trillion, said the International Monetary Fund (IMF) on October 13, 2021. As reason of this leap in global debt, the IMF has cited the Covid-19 and policies put in place to respond to it. Global debt in 2020, including public and private borrowing, “jumped by 14 percent to […]

A.I. Breakthrough Could Disrupt the $11 Trillion Medical Sector

A massive disruption now appears imminent in one of the world’s largest – and most important – industries. In much the same way that Amazon disrupted the retail business – and how PayPal disrupted the payments industry – one under-the-radar health technology company now seeks to transform the $11.85 trillion global health industry. By moving healthcare away […]

Three Ways To Cut $1 Trillion From The Pentagon

According to the Congressional Budget Office. Today the Congressional Budget Office released a new report, “Illustrative Options for National Defense Under a Smaller Defense Budget,” that outlines three different options for cutting funding for the Department of Defense by $1 trillion, or 14 percent, over the next ten years. The report makes clear that the United […]

GOP, Media Silent on Huge Migration Changes in $3.5 Trillion Bill

The Democrats’ draft spending bill still includes huge changes to the nation’s migration laws, even after the Senate’s parliamentarian removed several amnesties from the multi-trillion dollar spending bill. The bill would dramatically push up housing prices by expanding the inflow of chain migrants, and also would slash white-collar salaries by creating a new and uncapped […]

Joe Biden: My $3.5 Trillion Agenda Costs ‘Zero Dollars’

President Joe Biden continued pushing a new White House talking point that claimed his $3.5 trillion spending agenda actually cost “zero dollars.” “My Build Back Better Agenda costs zero dollars,” a post from Biden’s Twitter account read on Saturday. His message argued money was currently “wasted” on “tax breaks, loopholes, and tax evasion” and need […]

REPORT: Since 9/11 US Spent $21 TRILLION or $2.8 Billion Per Day in the ‘War on Terror’

(TAC) It’s time to count the cost of America’s 2-decade “war on terror.” As recently reported, the war in Afghanistan launched in the wake of the 9/11 attacks cost $2.26 trillion. That comes to over $300 million spent every single day over the span of two decades. But that doesn’t begin to account for the total cost of […]

Report: Joe Manchin Pushes for ‘Strategic Pause’ for $3.5 Trillion Infrastructure Bill Until Next Year

Sen. Joe Manchin (D-WV) said that President Joe Biden and the Democrat-led Congress should take a “strategic pause” from the Democrats’ $3.5 trillion infrastructure bill, according to Axios. Manchin reportedly told workers at a Procter & Gamble facility in Martinsburg, West Virginia, that he wanted to pause all negotiations on the $3.5 trillion bill until […]

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