Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
(wsj.com)
Banks are getting ready to sell billions of dollars in debt borrowed by Elon Musk’s X, bringing Wall Street a step closer to exiting the nerve-racking deal that financed the social-media company’s buyout.
Banks are getting ready to sell billions of dollars in debt borrowed by Elon Musk’s X, bringing Wall Street a step closer to exiting the nerve-racking deal that financed the social-media company’s buyout.
21-year-old in debt after failed businesses, seeking advice
(ycombinator.com)
I am 21, 10k in debt the result of previous failed business attempts and bad financial management
I am 21, 10k in debt the result of previous failed business attempts and bad financial management
US Interest Burden Hits 28-Year High
(bloomberg.com)
The US debt interest-cost burden climbed to the highest since the 1990s in the financial year that’s just ended, escalating the risk that fiscal worries limit the policy options for the next administration in Washington.
The US debt interest-cost burden climbed to the highest since the 1990s in the financial year that’s just ended, escalating the risk that fiscal worries limit the policy options for the next administration in Washington.
As world debt hits $100T, IMF warns deficit must be brought under control
(politico.eu)
The debt owed by governments around the world will surpass $100 trillion by year-end and is an increasing threat to the global economy, the International Monetary Fund warned on Tuesday.
The debt owed by governments around the world will surpass $100 trillion by year-end and is an increasing threat to the global economy, the International Monetary Fund warned on Tuesday.
UK Debt Hits 100% of GDP, Highest Level Since 1960s
(theguardian.com)
The scale of the challenge facing Rachel Reeves ahead of the autumn budget has been laid bare by a rise in Britain’s national debt to the highest levels since the 1960s and a collapse in consumer confidence.
The scale of the challenge facing Rachel Reeves ahead of the autumn budget has been laid bare by a rise in Britain’s national debt to the highest levels since the 1960s and a collapse in consumer confidence.
How America's universities became debt factories
(anandsanwal.me)
Here’s a puzzle: how do you create a trillion-dollar debt bubble that can’t be popped? Answer: make student loans non-dischargeable in bankruptcy.
Here’s a puzzle: how do you create a trillion-dollar debt bubble that can’t be popped? Answer: make student loans non-dischargeable in bankruptcy.