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What does increasing national economic debt mean for the U.S. and the world?

An apocryphal World War II-era quote credited to a German Tiger I tank commander says, “I could always take out 10 American tanks, but they had 11.” It meant that no matter the commander’s success, America’s superior number of tanks wo.....»»

Category: topSource: bizjournalsApr 15th, 2024

Get ready for wartime levels of national debt

Governments are launching one rescue package after another in hopes of preventing economic catastrophe as the coronavirus pandemic rampages around the world, shutting down entire industries and costing tens of million of people their jobs......»»

Category: topSource: moneycentralApr 3rd, 2020

Get ready for wartime levels of national debt

Governments are launching one rescue package after another in hopes of preventing economic catastrophe as the coronavirus pandemic rampages around the world, shutting down entire industries and costing tens of million of people their jobs......»»

Category: topSource: moneycentralApr 3rd, 2020

Jeffrey Gundlach on the Growth of U.S. Debt

DoubleLine’s Jeffrey Gundlach discusses the economic implications of the increasing U.S. deficit and national debt with Jack Hough, Barron’s associate editor.....»»

Category: topSource: barronsJan 13th, 2019

Elon Musk Issues Stark Warning Amid Rising National Debt: "...The Dollar Will Be Worth Nothing"

Elon Musk has voiced concerns about the future stability of the U.S. dollar, highlighting the escalating national debt as a potential catalyst for a looming economic crisis. read more.....»»

Category: blogSource: benzingaMay 3rd, 2024

WEF President Warns Of Alarming Global Debt Levels Approaching Historic Highs: "We Cannot Get Into A Trade War"

Borge Brende, the president of the World Economic Forum, expressed concerns about the global economy, warning of a potential decade of low growth due to soaring debt levels. read more.....»»

Category: blogSource: benzingaApr 29th, 2024

Market Extra: How a stock-market selloff made junk bonds an unlikely safe haven

U.S. stocks end lower on the week after hot inflation data spooked investors bracing for a roaring, but potentially messy economic comeback. Their equity-like counterparts in the debt world barely budged......»»

Category: topSource: marketwatchMay 15th, 2021

Cash payments spread from Congress to Stockton to Brazil — but notion of ‘universal basic income’ far from reality

The pandemic has taken the push for basic income national, making what has been a buzzy idea on the internet into real world programs. Will this idea outlast the economic crisis?.....»»

Category: topSource: washpostApr 22nd, 2021

Cash payments spread from Congress to Stockton to Brazil -- but notion of "universal basic income’ far from reality

The pandemic has taken the push for basic income national, making what has been a buzzy idea on the internet into real world programs. Will this idea outlast the economic crisis?.....»»

Category: topSource: washpostApr 22nd, 2021

The US debt pile could swell further as COVID-19 drives lasting uncertainty, Treasury Department says

The Treasury expects to keep increasing its auction sizes in 2021 after first boosting issuance last year to pay for economic relief. Karen Bleier/AFT/Getty Images The Treasury Department said Wednesday the pa.....»»

Category: dealsSource: nytFeb 3rd, 2021

Trump’s most enduring legacy could be the historic rise in the national debt

It rose almost $7.8 trillion during his time in the White House — approaching World War II levels, relative to the size of the economy. This time around, it will be much harder to dig ourselves out......»»

Category: smallbizSource: nytJan 14th, 2021

Trump’s most enduring legacy could be the historic rise in the national debt

It rose almost $7.8 trillion during his time in the White House — approaching World War II levels, relative to the size of the economy. This time around, it will be much harder to dig ourselves out......»»

Category: smallbizSource: nytJan 14th, 2021

Over 300 lawmakers worldwide urge IMF, World Bank to cancel poor countries" debt

Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus pandemic, and to boost funding to avert a global economic meltdown......»»

Category: topSource: reutersMay 13th, 2020

More than 300 lawmakers urge IMF, World Bank to cancel poor countries" debt

Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus pandemic, and to boost funding to avert a global economic meltdown......»»

Category: topSource: reutersMay 13th, 2020

Treasury yields rise as investors pin hopes on economic reopening efforts

U.S. government debt prices were slightly lower Monday morning after back-to-back rallies on Wall Street, as attempts to reopen economies around the world drive momentum to risk assets......»»

Category: topSource: moneycentralMay 11th, 2020

Why There’s a Looming Debt Crisis in Emerging Markets

Solvency concerns in the developing world are nothing new. But as governments stare down the humanitarian and economic shocks of the coronavirus pandemic, some emerging markets with weak financial positions are at greater risk of defaulting on .....»»

Category: topSource: washpostMay 4th, 2020

Stocks slide as dire economic outlook weighs

World stock markets fell on Thursday, while bonds and the dollar held on to hefty gains, after a coronavirus-driven plunge in U.S. retail sales and factory production and increasing gloomy economic outlooks for Asia......»»

Category: topSource: reutersApr 15th, 2020

Larry Kudlow"s war bonds are coming but in a plain vanilla wrapper

President Donald Trump’s top economic adviser Larry Kudlow may get the war bonds he wants as the U.S. swells its debt pile to levels unlike anything seen since World War II......»»

Category: topSource: moneycentralApr 15th, 2020

Larry Kudlow"s war bonds are coming but in a plain vanilla wrapper

President Donald Trump’s top economic adviser Larry Kudlow may get the war bonds he wants as the U.S. swells its debt pile to levels unlike anything seen since World War II......»»

Category: topSource: moneycentralApr 15th, 2020

Cruise operator Carnival pays high price to get credit investors on board

Carnival Corp , the world's largest cruise operator, said it has raised $6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic storm of the coronavirus pandemic......»»

Category: topSource: reutersApr 2nd, 2020

Cruise operator Carnival pays high price to get credit investors on board: sources

Carnival Corp , the world's largest cruise operator, raised $6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic storm of the coronavirus pandemic, people familiar with the matter said......»»

Category: topSource: reutersApr 1st, 2020