RT Bloomberg New Economy (@BBGNewEconomy)"We're at the same level of debt that we were at the end of World War II."MD & Vice Chairman @PIMCO John Studzinski at #BloombergNewEconomy.⏯️ https://t.co/J5lCJTamOX https://t.co/f7fmXRKJyw ...

German Football Team Schalke Raising Debt With a Promotion Bonus https://t.co/QvFG29qRvi ...

Economic Context & Debt Dynamics - The economic landscape of 1929, characterized by a budget surplus, differs significantly from the present day, marked by an enormous deficit [1] - The shift in debt burden from the private sector to the government sector is a notable difference, yet the fundamental issue of debt remains [2] - Debt, regardless of its location (private or government), represents assets for one party and liabilities for another [2] Market Bubbles - Bubble patterns tend to recur across different periods [3] Monetization - When assets are less attractive than alternatives, debt repayment necessitates some form of monetization [2]

IFFCO Group has appointed a new board of directors led by a turnaround specialist, as the UAE-based conglomerate works to address about $2 billion in debt https://t.co/y9okI8wGxO ...

Yes, but:(1) Relative strength is critical because the US business model is issuance of the global reserve currency. Losing relative status means losing that.(2) Much of the US economy is fake & financialized. Look at the debt and production graphs.https://t.co/rhWLOzMui5Inev May (@InevMay):@balajis You might be right but this graph is misleading. If you look at the USA for example, its proportion of global economy has shrank (% on the graph), but the actual volume of its "piece of the pie" has increased. ...

Why can't Argentina ever seem to get its economy right? On paper Argentina is one of Latin America's best developed economies but its citizens has little confidence in the peso and it's the IMF's single biggest borrower.⁠ ⁠ #argentina #milei #argentinaeconomy #latinamerica #imf #shortsvideo #shortfeed #shorts #shortsviral #shortsyoutube #shortsvideos ► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month See if you get the FT for free a ...

Colombia is looking to tap the eurobond market for the second time in as many months, seeking to raise money to fund another debt buyback as officials continue to push to reduce financing costs https://t.co/leiFd5KmcL ...

Financial Liabilities - The US borrowed and spent over $8 trillion, which is now worth $0 [1] - This resulted in a $400 billion annual Veteran's Affairs bill that grows approximately 2x tax receipts [1] Analogy - The situation is analogous to a company borrowing $8 trillion to buy an asset that becomes worthless [1] - The company is then left with a $400 billion/year asbestos liability that grows 5-10% annually [1]

Student Loan Crisis & Affordability - Individuals earning $100K/year cannot secure a $1 million mortgage, highlighting the disparity with student loan amounts [1] - Auto loans of $75K are unattainable for those earning $35K/year, further emphasizing the student loan issue [1] - The availability of $250K in student loans for degrees leading to $40K/year salaries is deemed unacceptable [1] Systemic Issues & Accountability - The current system allows 18-year-olds to make financial decisions leading to potential lifetime economic insecurity [1] - The university system is criticized for convincing students that college is always the "smart thing to do" [2] - Colleges should bear financial responsibility when saddling students with unpayable debt [2] - Federal government backing of student loans enables colleges to inflate prices without accountability [3]

Those with unmanageable debts, or volatile incomes that barely cover their spending, find finance particularly unpleasant, and firms exploit this. So argue two professors of economics in a new book https://t.co/8WVKW0RhwW ...