"Rich Dad Poor Dad" Author Robert Kiyosaki Claims He’s In $1.2 Billion In Debt

Feds Nab Alleged Member Of "Sprawling" Cuban Communist Subversion Network Linked To Hasan Piker's Havana Trip Readers have been well ahead of both the federal government and the mainstream news cycle in asking whether there is a "Cuba connection" behind the radicalization of the Democratic Party and its aligned billionaire-funded nonprofit universe. What was once dismissed as speculation is now beginning to look more like a foreign influence operation, one tied to an alarming rise of anti-American socialist networks that openly seek to dismantle capitalism and the American way of life. Even...

"Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame It took the US 200 years to reach its first $1 trillion in debt. It took 95 days to add its last. After several weeks of build up, today the Treasury announced that total public debt surpassed $40 trillion for the first time, after jumping by over $60 billion in one day, and has now surged by $1 trillion in just over three months, and by a third of the total in less than five years, as US lawmakers...

Mediocre 5Y Auction Tails As Foreign Demand Slides After yesterday's solid 2Y auction, today's 5Y auction was an uglier mirror image.  The sale of $70BN in 5 year paper priced at a high yield of 4.200%, up from 4.182% in May and the highest since Jan 25. It tailed the When Issued 4.193% by 0.7bps, and was the 8th consecutive tail for the 5Y tenor. The bid to cover was 2.351, better than the 2.340 in May and the highest since October.  The internals, however, a disappointment: Indirects took down just 61.60%, a...