Category : Debt crisis

March 14, 2018 - 7:43:32 AM

Student debt crisis deepens as Gen Z enters college

Nearly 40% unsure if they can pay back debt

March 6, 2018 - 6:40:45 AM

China’s Coming Meltdown Will Rapidly Spread to U.S.

Jim Rickards : "China has $1 trillion or more in bad debts waiting to explode. These bad debts permeate the economy."

February 19, 2018 - 6:47:32 AM

Goldman Sees U.S. Interest Cost Surge on Rising Yields, Deficit

An historic expansion in U.S. borrowing during a period of economic growth, alongside rising bond yields, will cause a surge in the cost of servicing American debt, according to Goldman Sachs Group Inc.

February 13, 2018 - 9:29:48 AM

Icahn: The market will one day 'implode' because of these wacky funds using so much leverage

Billionaire Carl Icahn told CNBC on Tuesday there are too many exotic, leveraged products for investors to trade, and one day these securities are going to blow up the market.

January 31, 2018 - 3:40:43 AM

Experts warn of Africa’s new debt crisis

Concern is growing that 2018 could be the year that sub-Saharan Africa sees a new debt crisis, nearly 20 years since the last one was said to have been resolved.

January 30, 2018 - 3:23:55 AM

When, Not If: The Clock Is Ticking on the Federal Debt Bubble

There is no means of avoiding the final collapse of a boom brought about by credit expansion

January 11, 2018 - 3:28:21 AM

The world is swimming in a record $233 trillion of debt

In 2017, the world debt of countries increased again, reaching hitherto unrealized peaks.

December 5, 2017 - 3:32:29 AM

Venezuela's New Oil-Backed Cryptocurrency Aimed at Skirting U.S. Sanctions

Surrounded by the American and international financial sanctions, Venezuela is seeking by all means to get out of the financial crisis that is hitting. Cryptocurrency is his new solution.

November 24, 2017 - 3:17:04 AM

Millennials Most Likely to Default on Student Debt

The US student loan burden is out of control, while the economy has failed to back it up with sustainable wage growth or market-competitive job creation. Meanwhile, patronage and other practices hinder the process of securing a career path further hindering the ability of young workers to service student debt.

November 14, 2017 - 6:43:01 AM

Venezuela Declared in Default by S&P

Venezuela, one of the world’s riskiest credits, was declared in default by S&P Global Ratings after missing two interest payments on its debt.

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