Hacker News with Generative AI: Debt

Congressional Republicans Might Set Off the Debt Bomb (theatlantic.com)
Their new budget framework is the most irresponsible in modern history—and will put the American economy on a very dangerous trajectory.

Politics, Economics, Debt, US Government

6 points by Anon84 20 hours ago | 3 comments

Student loans in default to be referred to debt collection, Dept of Ed says (apnews.com)
Pope Francis' funeral to be held Saturday, with public viewing starting Wednesday

Student loans, Education, Government, Debt

48 points by mystraline 4 days ago | 91 comments

US Debt Clock (usdebtclock.org)

US Government, Finance, Debt

7 points by simonebrunozzi 30 days ago | 2 comments

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.

Finance, Elon Musk, Wall Street, Debt

11 points by slater 91 days ago | 5 comments

US Debt Clock (usdebtclock.org)

US Economy, Government Finances, Debt

13 points by behnamoh 98 days ago | 8 comments

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

Finance, Entrepreneurship, Advice, Debt

11 points by Abderrhmane 114 days ago | 7 comments

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.

US Economy, Finance, Debt, Government Spending

17 points by xqcgrek2 188 days ago | 8 comments

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.

Global Economy, International Finance, Debt, IMF, Government Spending

8 points by hhs 191 days ago | 4 comments

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.

Economics, United Kingdom, Finance, Debt

25 points by sarimkx 218 days ago | 39 comments

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.

Education, Economics, Debt, United States

492 points by car 224 days ago | 544 comments

Families Are Going into Debt for Disney Vacations (nytimes.com)

Family Finances, Travel, Disney, Consumer Behavior, Debt

15 points by paulpauper 240 days ago | 3 comments

San Francisco Is Sinking in Bad Hotel Debt (wsj.com)

San Francisco, Real Estate, Debt, Hospitality, Economy

25 points by JumpCrisscross 257 days ago | 8 comments

Trillions in Hidden Debt Drove China's Growth. Now It Threatens Its Future (wsj.com)

China, Economy, Debt, Finance, Future

10 points by JumpCrisscross 286 days ago | 0 comments

SpaceX liens show over $2.5M debt to contractors in Texas (mysanantonio.com)