The Maintenance Debt
Why the Infrastructure Boom Is Creating a Growing Repair Bill Every road, bridge, power line, and water pipe does two things the moment it is finished. It becomes an asset that a country can use, and it becomes an obligation…
Category Global Economy
The Stablecoin State
How Digital Dollars Are Quietly Rewriting Global Finance A company most people have never heard of now holds more US government debt than South Korea. Tether, the issuer behind the stablecoin USDT, held roughly 141 billion dollars in direct and…