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How America's Debt Spiral Could Spark The Next Crisis
CNBC· 2025-07-07 10:01
Our fiscal situation is a 350 pound, two-pack-a-day smoker on the ICU table. The U.S. federal budget is on an unsustainable path. We're going to be broke really quickly unless we get serious about dealing with our spending issues.There's no shortage of voices sounding the alarm about the national debt. America's borrowing levels are currently the same size as the entire economy and are expected to skyrocket from here. That's because the U.S. spends way more than it brings in and then borrows to cover that d ...
X @Bloomberg
Bloomberg· 2025-07-07 07:14
Sweden’s inflation rate accelerated more than expected last month, knocking expectations that the central bank will cut interest rates in August to support the struggling economy https://t.co/ZtUL24K8eH ...
X @Bloomberg
Bloomberg· 2025-07-07 06:35
Israel’s central bank is set to hold interest rates for a 12th consecutive time, with policymakers waiting to see if the shekel’s recent rally helps tame inflation and paves the way for a cut https://t.co/qHKvPOyYNF ...
X @Bloomberg
Bloomberg· 2025-07-07 03:32
The New Zealand dollar’s rally may fade in the second half of the year, as the central bank continues to cut interest rates and the local economy remains sluggish https://t.co/4LnD24k2AR ...
X @The Wall Street Journal
Mortgage rates holding stubbornly above 6.6% leave many people stuck with higher monthly costs and no path to refinance https://t.co/Ju90wIVs1n ...
Euro Appreciation Has Disinflationary Effect, ECB's Villeroy Says
Bloomberg Television· 2025-07-06 06:00
Your biggest concern at the moment seems to be the appreciation of the euro against the dollar. We were in Sintra earlier this week where the vice president, Mr. . de Guindos, was talking about 120 as the limit.What is your take on this. So I won't comment on my colleagues commands. It's a general rule, but we look closely at the volatility of the exchange rate.It has been significant since the start of the year with a 13% appreciation of the euro against the dollar. By the way, it's not a specific apprecia ...
X @The Wall Street Journal
President Trump is pressuring the Fed to lower interest rates to make deficits easier to finance. This could end badly, but for now investors are on board, @greg_ip writes. https://t.co/9V4q766BJI ...
Altcoins Hit 0.31
Benjamin Cowen· 2025-07-04 22:31
Hey everyone and thanks for tuning back into the cryptoverse. Today we're going to talk about the fact that all Bitcoin pairs have hit 31. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and check out the sale on into the cryptoverse premium at into the cryptoverse.com. We've been talking about this idea for a while. The idea the idea generally speaking that all Bitcoin pairs are headed to the range lows.And I cannot tell you how many times I have said this ...
X @Bloomberg
Bloomberg· 2025-07-04 16:12
BOE policymaker Alan Taylor said UK officials cannot sidestep the question of where interest rates will settle, in a direct challenge to Governor Andrew Bailey’s approach https://t.co/Jkwz0yQ7MG ...