24 Surprising Facts About the National DebtUnderstanding government debt is crucial for evaluating its impact on society.The distinction between national debt and budget deficit is often misunderstood.
Government debt costs in richest nations at highest since 2007Government debt payments in OECD countries surpass spending on defense and social services, reaching a historic high.Debt servicing costs have risen dramatically, increasing pressure on national budgets and future investment.
Elite investor Ray Dalio warns the US may suffer a financial 'heart attack' if the debt problem isn't tackledSurging US government debt poses significant risks to the financial system, reminiscent of a heart attack, according to Ray Dalio.
Ray Dalio: We Need to Cut the Budget Deficit Now. Here's How We Do ItConcerns grow over high debt levels; investors and policymakers face uncertainty about potential crises due to escalating government debt.
Elite investor Ray Dalio warns the US may suffer a financial 'heart attack' if the debt problem isn't tackledSurging US government debt poses significant risks to the financial system, reminiscent of a heart attack, according to Ray Dalio.
Ray Dalio: We Need to Cut the Budget Deficit Now. Here's How We Do ItConcerns grow over high debt levels; investors and policymakers face uncertainty about potential crises due to escalating government debt.
Trump says he could give 20% of DOGE savings back to AmericansPresident Trump proposes using savings from Elon Musk's cost-cutting for cash payouts and debt reduction.Skepticism arises regarding the effectiveness and implications of Musk's cost-cutting initiative.
UK debt market sell-off threatens to push up mortgage costsHigher mortgage costs are anticipated for nearly 700,000 homeowners as fixed-rate deals end amidst a sell-off in UK's government debt market.
Borrowing costs fall after inflation surpriseUK borrowing costs drop sharply amid easing inflation, offering potential for interest rate cuts.Inflation data brings relief to government and markets, influencing global borrowing costs.
UK debt market sell-off threatens to push up mortgage costsHigher mortgage costs are anticipated for nearly 700,000 homeowners as fixed-rate deals end amidst a sell-off in UK's government debt market.
Borrowing costs fall after inflation surpriseUK borrowing costs drop sharply amid easing inflation, offering potential for interest rate cuts.Inflation data brings relief to government and markets, influencing global borrowing costs.
Soaring government debt could roil global financial markets, warns BIS directorRising global government debt levels could disrupt financial markets.
Opinion: More debt is better than more billion-dollar climate disastersDebt for clean energy transition is essential despite short-term costs and political challenges.