SAN DIEGO - The United States today not only looks ill, but dead broke. To offset the pandemic-induced“Great Cessation”, the US Federal Reserve (Fed) ...
You’ve probably heard about America’s rising national debt levels. Indeed, it’s been quite the hot topic over a number of years. While there are no quick and easy solutions, there is a slate of ...
Ray Dalio called the supply-demand issue around US debt of 'paramount importance', and said, "You are going to see shocking developments in terms of how that’s going to be dealt with." ...
The United States will not enter a recession due to the change of administration, but because of the excess spending policies ...
Billionaire hedge fund manager Ray Dalio believes the US economy is at a critical inflection point as the debt situation ...
Bridgewater Associates founder Ray Dalio warned on Wednesday that the United States faces a “very severe” supply-demand ...
America’s sovereign-debt spiral has been building since Washington embarked on large budget deficits in the 1980s. As the tab rose from about 30% of GDP towards 100% in the 21st century ...
And it has implications for the global economy and financial markets too. US federal debt is the total amount of money the US government owes from years of borrowing to cover budget deficits ...
Over the same period, global GDP expanded by about 26%, IMF figures showed. World trade also surged during this time, doubling from around $16 trillion to about $33 trillion. The US' total debt ...
Profligate spending by the federal government causes inflation and inhibits the economic freedom of Americans.
The national debt can lead to higher inflation, higher interest rates, leave the country vulnerable to financial crises, and ...
Global debt surged by about 50 percent over the last decade, outpacing a 46 percent increase in global gross domestic product ...