U.S. budget deficit surged in July to highest level since March 2021
Pedestrians walk past the north entrance to the U.S. Treasury Department headquarters building on April 30, 2025, in…
JPMorgan: Ageing population and deficits two drivers of higher interest rates
In 2025, the IMF reported that, across the globe, companies, households, and countries had amassed $251 trillion in debt.…
US national debt: Peterson Foundation warns of lower wages, fewer jobs for Gen Z
In the debate about the level of threat the U.S. national debt poses to the economy, most people…
US debt was its own revolutionary masterstroke that helped launch a global financial superpower
Believe it or not, U.S. debt was once a source of national strength, before it became a sword…
From $71 million to $39 trillion – U.S. national debt’s 250-year climb
America’s national debt has always reflected the trajectory of the nation itself—one rising as the other, at least…
Debt, AI boom and economic fragilities raise global risks, BIS says
A Union flag flutters from a pole atop the Bank of England, in the City of London on…
Ray Dalio says the U.S. just had its ‘Suez moment’—history says what comes next could end an empire
“Watch out for allies and creditors losing confidence, the loss of its reserve currency status, the selling of…
The national debt’s 20-year deadline and baby boomers’ spending problem
Top economist Kent Smetters thinks the U.S. is on a 20‑year clock—and the tilt of the federal budget…
US debt: This may be the maximum that’s sustainable before interest payments trigger a crisis
Soaring U.S. debt and projections that put it at astronomical levels in the coming years have set off…
Top JPMorgan analyst maps 5 ways America’s debt crisis could unfold
Last October, David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, published a note that cut through…
US debt is the ‘elephant in the room’ amid bond rout as interest costs could drive larger deficits
Recent weeks have seen a major selloff in the bond market as high oil prices spike inflation, but…
U.S. national debt officially hits $39 trillion—adding $5 billion a day since October
It wasn’t even a year ago that fiscal hawks were wringing their hands over a new national debt…