Debts 03 - Govt etc (Feb 24 - Dec 26)

[behappyalways]

These Are The 20 Countries Most Indebted To China
https://www.zerohedge.com/geopolitical/ ... bted-china

[winston]

‘Phantom debt’ from ‘buy now, pay later’ schemes is a $700 billion black hole that economists aren’t accounting for

BY ELEANOR PRINGLE

Source: Fortune

https://fortune.com/2024/05/08/phantom- ... truggling/

[winston]

A US$600bil wall of debt looms

US small-cap stocks are as cheap as they’ve been in decades, but with a more than half-trillion dollar mountain of debt looming over the next five years, it’s going to take a significant risk-on signal from the Federal Reserve (Fed) to entice investors.

Firms in the small-capitalisation Russell 2000 Index hold a total of US$832bil in debt, 75% of which – or US$620bil – needs to be refinanced through 2029.

For comparison, companies in the big-cap S&P 500 Index have just 50% of their obligations due by then.

Smaller companies tend to have a considerable amount of floating-rate debt, usually in the form of loans, because they often aren’t big enough to borrow in the bond market.

Source: Bloomberg

https://www.thestar.com.my/business/bus ... debt-looms

[behappyalways]

These Are The 10 Countries Most In Debt To The IMF
https://www.zerohedge.com/geopolitical/ ... t-debt-imf

[behappyalways]

Not Just The US: Global Debt-To-GDP Ratios Are Skyrocketing
https://www.zerohedge.com/economics/not ... yrocketing

[behappyalways]

Biden Cancels Another $7.7 Billion In Student Debt For 160,000 Borrowers
https://www.zerohedge.com/political/bid ... -borrowers

[winston]

Fiscal path of destruction

by Charles Sizemore

We’re living in an absurd world where the U.S. debt has skyrocketed to nearly $35 trillion, with over $175 trillion in unfunded liabilities…

Personal and corporate debts are at historical highs…

Yet Congress keeps spending billions on questionable initiatives.

In just 2021 alone, the Fed printed a mind-boggling $5 trillion – more than six times the total printed from 1776 to 1979!

We’re carrying this on our backs like this is normal.

Let me assure you, we should be crying. We’re in the grand finale of an unprecedented economic and social experiment. It’s an Age of Chaos unlike anything America has faced before.

Volatility will go wild. Some sectors, industries and companies, will boom while others go bust… stock prices will defy all the odds in either direction.

Source: The Freeport Society:

[behappyalways]

Debt has doubled in ten years.
Western finances are raising alarm?!
The US and UK are in high debt.
Is it possible that all the people will pay for the crisis?

十年債務翻倍 西方財政拉警報?! 美英債台高築 危機恐全民買單?｜20240625｜‪@inewsplus

https://m.youtube.com/watch?v=dKrmOr7Ln3g

[behappyalways]

US Spent A Record $140 Billion On Debt Interest In June, 30% Of All Tax Revenues
https://www.zerohedge.com/markets/us-sp ... x-revenues

[behappyalways]

The peak summer tourist season has turned into a financial black hole and American Millennials are still going into debt

暑假觀光旺季成財務黑洞 美千禧世代負債也要玩｜FOCUS午間新聞 20240717 ‪@tvbsfocus‬

https://m.youtube.com/watch?v=-RW8dx2ANFA