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Energy Dept. Promises $17.5 Billion in Loans for Nuclear Power

The federal government wants to help utilities buy large components for up to 10 large nuclear reactors. It’s unclear which, if any, companies might participate.

Β© Kendrick Brinson for The New York Times

The Vogtle nuclear power plant in Georgia is the only one with AP1000 reactors in the U.S. They generate enough electricity to power 1 million homes, but they took 15 years to build and cost $35 billion, double the initial estimates.
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Next Global Financial Crisis in 2025?

The US National Debt suggests a potential financial crisis in July 2025, based on historical debt trends linked to past crises. Analysis of the Monetary Base and gold prices indicates similar patterns to previous downturns. However, a third crisis is necessary for a reliable prediction of 2025.

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US National Debt Predicts the Next Big Financial Crisis

Recently the US National Debt peaked at approximately $35.46 trillion, with a few notable rapid increases during financial crises. The debt's growth rate predicts another financial crisis by mid-2025 that could surpass previous crises. Preparations for significant economic challenges are advised.

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