Foreign Debt

The time has finally come... we’ve made it to the end of the song. This episode description is being written on a tearstained laptop as we speak. But we PROMISE we’re going out with a very fizzy bang. The cola wars was a tense battle between soda giants Coca Cola and Pepsi, as th ...  Show more

It’s the penultimate episode, and Billy’s taken us back to China to talk about the 1989 Tiananmen Square protests, and the massacre that followed. In classic To this day, discussion of the events are strictly censored in China but in this episode we’ll explore it all. What happen ...  Show more

America has a bad spending habit. Nearly $29 trillion dollars in debt, and both political parties showing no sign of stopping their more and more expensive spending plans, what happens when that bill comes due? Writer, commentator and Distinguished Visiting Fellow at FreedomWorks ...  Show more

Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress has the power to limit how much debt the U.S. takes on. Right now, the debt limit is $31.4 trillion dollars. Once we reach that limit, Congr ...  Show more

The US debt ceiling is all anyone in Washington (and increasingly elsewhere) can talk about these days. For months, politicians have been in a stalemate triggered by Republican demands for spending cuts as the price for paying America's debts. With next week seen as the point at ...  Show more

In the past decade or more, votes over increasing the U.S. debt ceiling have increasingly been used as a political tool. That has led to intense showdowns in 2011, 2013 and, now, 2023. 

This year, both sides of the argument are dug in and Republicans appear more willing ...