Hedge-fund billionaire Ray Dalio has a stark warning for America — one that centers on its mounting debt crisis, with ...
The US is facing an “economic catastrophe and an inflation nightmare”, US President Donald Trump has said, using the surging ...
The US national debt currently sits at $34.8 trillion. For context, the population of the US is around 333 million people, which equates to over $100,000 of national debt per person. The more ...
An upward spiral in interest rates and inflation could start if the Federal Reserve raises rates to combat inflation, increasing the cost of paying the interest on the debt. The US paid $680 billion ...
It started with tariffs, but the trade war is quickly escalating beyond import taxes into a broader tit-for-tat battle.
The trade war escalation has alarmed investors, CEOs and economists — not to mention a growing chunk of the American public. “Is this going to spiral out of control?” Kent Smetters ...
"Over the long run, it may be what puts us into a debt spiral situation. The higher your debt, the higher your interest rates. And the higher your interest rates, the higher your debt," said Marc ...