“It took decades to get us into this hole, and it will take a concerted effort to get out of it.” ...
The chief executive of the biggest US bank is sounding the alarm on the serious risks of America’s mounting debt. In a letter ...
US debt is rising fast as the Treasury issues more and more bonds to stay afloat. Sooner or later, there will be a crash – diversify before it happens ...
$39 trillion and counting ...
“We haven’t had the will yet to actually deal with it, and it’s unfortunate because it can end up with a real problem, worse ...
Credit card debt crisis US: Millions of Americans are increasingly relying on credit cards for daily expenses due to rising ...
The economic shocks from Trump’s war on Iran are undermining countries’ reliance on U.S. debt and fiat currency. If this ...
The United States national debt has reached a precarious milestone, hitting 100% of Gross Domestic Product (GDP) and placing the nation on a trajectory that could trigger six distinct types of fiscal ...
America does not look like a nation in fiscal distress—and that’s exactly the problem. The S&P 500 has more than doubled in the past five years. Unemployment is at a multi-decade low. Social Security ...
I have not been a debt hawk for most of my 30-year career; however, that has changed recently. Continued high deficit spending by the U.S. government combined with a compacting of U.S. Treasury bond ...
Debt service quietly crowds out everything else. Every dollar we owe is a dollar we cannot spend on the services Chicagoans ...
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