The Daily Overview on MSNOpinion
Buffett's 5-minute debt hack for the US
The United States has spent years arguing about deficits and debt ceilings while the numbers keep climbing and the political ...
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Why investors cheer massive US debt growth
Markets love spending. Over the last fifteen years, U.S. stocks climbed with a tailwind from aggressive borrowing and policy support. The S&P 500 multiplied by roughly five. During that same stretch, ...
Total household debt in the U.S. increased by $185 billion in the past three months, reaching a total of $18.39 trillion at the end of June, according to the latest data from the Federal Reserve Bank ...
The US long-term economic growth trend is still showing signs of a slow, persistent downshift. The increasing federal budget deficit could become a significant headwind for growth in the years ahead.
US debt in the hands of the public now stands at 99% of GDP. The Congressional Budget Office (CBO) projects that it will reach 107% of GDP by 2027. The projections of the ratio of debt to GDP show an ...
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