Debt Hits $40 Trillion While U.S. Drills Back Into Venezuela
A quick look at the global circus: national debt hit a dizzying milestone, and old geopolitical grudges instantly evaporated for crude.
The U.S. national debt just quietly blew past $40 trillion. That is twelve zeros of pure financial confidence that nobody in Washington seems in a rush to pay down.
Meanwhile, American oil giants have officially inked their first major contracts in Venezuela. Turns out years of harsh rhetoric melt away pretty fast when global energy math gets tight.
Over in the Middle East, Gulf nations are now settling into the reality of a long, drawn-out grind with Iran.
The national credit card is glowing red hot, but at least the tanker shipments are back on schedule.
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