National debt has become one of the defining pressure points of the global economy, shaping everything from interest rates to social spending. The biggest borrowers are not always the weakest, but the ...
“Our nation’s deficits, debt, interest payments, and trust funds are all in terrible shape,” says Maya MacGuineas, president ...
Global debt has stabilized, though it remains at an elevated level, as a continued reduction in private-sector lending offset greater borrowing by governments. Total debt was little changed last year, ...
Piling up debt through irresponsible budgeting can seem like part of human nature. In “How Countries Go Broke”, a book released in June, Ray Dalio, founder of the hedge fund Bridgewater, argues that ...
US debt in the hands of the public now stands at 99% of GDP. The Congressional Budget Office (CBO) projects that it will reach 107% of GDP by 2027. The projections of the ratio of debt to GDP show an ...
U.S. savings bonds are "backed by the full faith and credit" of the U.S. What happens when the world decides we've exhausted our credit?
Ireland’s national debt now equates to nearly €90,000 for every worker in the State. According to the Central Bank, the State ...