Not since the run up to the March 2000 stock market crash, (Dot-com bubble), have we seen the stock market do what it is doing right now.
Tag: debt
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SPOTLIGHT: THE DEBT BOMB
Poor nations are being crushed by debt and advanced economies need to do more to relieve the burden, Pope Francis told the Vatican’s conference on the global debt crisis earlier this month.
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GLOBAL DEBT SETS NEW RECORD AT $315 TRILLION
In this year’s first quarter, nations took on another $1.3 trillion in debt, pushing the worldwide total to $315 trillion, the Institute of International Finance (IIF) reported.
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THE REAL DEBT PROBLEM
Someone sent me an article from something called Patriot Alerts, “Morgan Stanley Sounds Alarm On ‘Death Of US Dollar.’”
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WORLD RISKS “TEPID GROWTH,” “POPULAR DISCONTENT,” IMF WARNS
The global economy is entering a decade of “tepid growth” and “popular discontent,” Kristalina Georgieva, managing director of the International Monetary Fund (IMF), warned in an 11 April speech to the Atlantic Council.
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WE ARE IN A DEBT, DEATH, SPIRAL. AND IT’S NO ACCIDENT.
Let’s cut to the chase. The current skyrocketing global debt crisis is worsening rapidly.
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USE OF ONLINE LAYAWAY PLANS UP 17 PERCENT THIS YEAR
Online shoppers’ use of layaway or “buy now pay later” plans (BNPL) has jumped 17 percent since 1 November to a record $10.1 billion as household savings have fallen below pre-COVID levels, the Financial Times reported.
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INTEREST PAYMENTS ARE EATING GOVERNMENT BUDGETS
After piling up debt to fund COVID-era stimulus programs and health care costs, the world’s national governments will pay an additional $2 trillion in interest this year, according to data compiled by the International Monetary Fund and analyzed by research firm Teal Insights.
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HIGH U.S. INTEREST RATES SPARK “CRISIS” AMONG EMERGING NATIONS
Many emerging nations are being thrown into a “silent debt crisis” by high interest rates in the U.S., the World Bank has warned.