Indonesia’s plan to issue its first Australian dollar-denominated debt next month has piqued investor interest, though questions mount on how it’ll fit into local managers’ portfolios https://t.co/0mZUvgJmmP ...

Core Argument - The financial industry's modern financial planning paradigm is flawed, necessitating a shift towards utilizing natural laws of prosperity for financial prediction and certainty [3][4] - The industry advocates for discovering and applying universal, timeless natural laws of money to guide financial decisions [4][5] Key Principles for Financial Well-being - The industry emphasizes the importance of paying oneself first, allocating a portion of income before other expenses, echoing practices from ancient civilizations to modern times [7][8][9] - The industry promotes staying out of consumer debt to maintain financial freedom and peace of mind, distinguishing it from leveraging debt for asset acquisition [11][12][13] - The industry stresses protecting assets from loss as a fundamental goal, highlighting the importance of managing greed and knowing with whom one is doing business [15][16][17] Historical Context and Endorsement - Ancient civilizations like Sumeria, China, Egypt, and Rome, along with major world religions and classical economists, have all contributed to the understanding of these financial laws [5][6] - Historical figures and texts, such as George Clayson's "The Richest Man in Babylon," Marcus Tulia Cicero, Benjamin Franklin, and ancient philosophers like Plutarch and Confucius, support these principles [8][9][11][13][14] Practical Application - For business owners, this means allocating a portion of income to an untouchable account; for employees, it involves contributing to a retirement plan before receiving their paycheck; regardless of income, at least 10% should be saved [10]

Market Trends - Overseas buyers purchased almost €100 billion of euro-area debt in May, marking the highest level since 2023 [1] - US tariffs drove investors to Europe [1]

Millions of pounds will be wiped off the UK’s debt stockpile after a two-centuries-old government body invested a gift from private donors into a gilt maturing this year https://t.co/xE5TIjCyzK ...

Economic Impact - Eliminating holidays could potentially help France address its substantial national debt [1]

Market Trends - Investment-grade companies in the US are increasingly seeking faster debt sales [1]

US Debt Outlook - US government debt is projected to reach $55-60 trillion in 10 years [1] - The projected debt will be 7-75 times government revenue [1] - The debt burden will amount to approximately $425000 per American family [1] Potential Economic Problems - There are concerns about insufficient buyers for the US debt [1] - The lack of demand for US debt could lead to significant economic challenges [1] Call to Action - Urgent action is needed to avoid the worst-case scenario [1]

France is on the cliff edge as its debt continues to balloon, Prime Minister Francois Bayrou said today as he set out plans to sharply narrow the budget deficit next year: Here's your Evening Briefing https://t.co/yBM6DFZoR7 ...

France is on the cliff edge as its debt continues to balloon, Prime Minister Francois Bayrou says https://t.co/XAIuKLFlL0 ...

Sporting Lisbon is working with JPMorgan on a plan to raise at least €100 million in debt in the coming months https://t.co/CDe4tnpKfG ...