Dollar Nears Three-Year Low Amid Weak U.S. Data and Rising Economic FearsFinancial Times

Introduction:The U.S. dollar has recently approached a three-year low, declining by 0.6% against a basket of trade partner currencies. This downturn is attributed to disappointing manufacturing data and escalating concerns over the nation’s growing debt.Financial Times Key Points: Conclusion:The combination of weak manufacturing performance, escalating trade disputes, and mounting debt is exerting significant pressure on…

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Fantasy Math: How the GOP’s Tax Bill Distorts the True Cost of U.S. Debt and What It Means for Your Wallet

📊 Introduction: The Illusion of “Fantasy Math” The recent passage of the GOP’s “One Big Beautiful Bill” has stirred significant debate. Critics argue that the bill employs “fantasy math” to downplay its true impact on the U.S. national debt. By using optimistic projections and excluding certain costs, the legislation presents a rosier picture than reality….

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