RT Daniel Priestley (@DanielPriestley)Billionaire hedge fund manager @RayDalio has said the UK is in a debt doom loop.The government has 101% of debt to GDP ratio. It spends 45% of GDP. It borrows to pay interest payments. This is wildly unsustainable and irresponsible.The doom loop bit happens when the government raises taxes to fund debt, higher taxes reduce growth, reduced growth reduces investment, reduced investment causes wealth creators to leave and the 1% who pay 30% of the taxes pull away from the ...

RT Daniel Priestley (@DanielPriestley)Billionaire hedge fund manager @RayDalio has said the UK is in a debt doom loop.The government has 101% of debt to GDP ratio. It spends 45% of GDP. It borrows to pay interest payments. This is wildly unsustainable and irresponsible.The doom loop bit happens when the government raises taxes to fund debt, higher taxes reduce growth, reduced growth reduces investment, reduced investment causes wealth creators to leave and the 1% who pay 30% of the taxes pull away from the ...

People are literally mad over 1) Jean pants 2) School supplies and who knows what else while the USA economy is crumbling with massive debt, inflation and no end in sight... ...

The US and China meeting for a second day in Sweden to talk trade. This comes uh as the big EU deal uh was announced uh yesterday and it could uh increase tariffs on other countries at the end of the week. Joining us now, former House Speaker Kevin McCarthy.He's the chairman of the uh Alpha Institute on set. Good to see you. Good to see you, Mr. . Mr.. Former Speaker. That's too hard to say. Uh good to see him.Mr. . Speaker, the Kevin, how's Kevin. Whatever you want to call me.The journals never um never li ...

More commercial real estate debt is entering a state of suspended animation as the ripple effects from the pandemic continue to reverberate through the industry https://t.co/cU1AtZxRak ...

Has it ever occurred to you why are newly graduated students and late teenagers one of one of the most vulnerable when it comes to falling into debt traps, being overwhelmed with financial stress and being lost in the void of unlimited financial decisions. This crisis is bred in the reality of your children. This may even be in your lives not due to your lack of ambition, not due to your lack of fire and drive, but due to absence of one basic primary life skill, financial literacy.What is financial literacy ...

World Bank President Ajay Banga said Zimbabwe should stop trying to work out its debt problems on its own and approach the Group of 20 in a bid to find a way forward https://t.co/ZWTYGjcoCy ...

- The service economy is what drives this economy today. It's not a goods-oriented economy. It's not a commodity, it's not an export-oriented, not a heavy-manufacturing-- service oriented.So, most of what drives the economy is resilient to what is a goods--slowdown in goods. Second thing that I--that I wouldn't have anticipated. I would have thought you've got more pricing transmission in, but it's pretty incredible how companies moved and-- now some of it, in the near term, companies took it into margin.We ...

Credit Rating Downgrade - Fitch Ratings下调了芬兰的信用评级，这是近十年来的首次 [1] - 评级下调的原因是未能控制不断膨胀的债务 [1]

Hey, Vivian. >> Hey, Brian. So happy to be here to chat.>> So, let's talk a little bit about just like zooming out because borrowers have had an emotional roller coaster of confusion in the last few years over this, right. >> Yes, absolutely. And I mean, let's just be honest, this system has never been that clear, cut, and dry.Before, you know, some of the programs we have now, there was pay P a yee. There was repay re-ay. Then there was the save plan, which obviously was struck down by a federal court.Now ...