#debt — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #debt, aggregated by home.social.
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"Trump's higher ed shakeup starts a new semester"
#Taco #Nacho #News #Politics #Economy #USA #Bankrupt #Debt #Incompetence #Trump #Government #Waste
https://www.axios.com/2026/08/21/trump-higher-ed-shakeup-colleges-fall-semester
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The orange #dementia patient is now #sundowning in the middle of the day.
The U.S. bond market - also known as Treasury bills, T-bills, or government bonds - got decidedly shaky this week after a period of growing uncertainty. Primarily because US #debt is exploding and it is becoming clear to even the dumbest observers that things cannot continue the way they are.
And the expression "If something can not go on forever, then it will stop" applies here, and what it means is the end of the US #dollar as the de-facto world reserve #currency.
So the US #Treasury has been doing more and more drastic actions to try to prop up that bond market. #Bessent, the new head of the Fed, started trying to massage the "yield curve" by buying back long-term bonds with funds from selling more short-term #bonds, and it worked for a hot minute. Then things got shaky again the next day.
I'll let the news reporters take it from here:
> Trump was asked whether he had spoken with Treasury Secretary Scott Bessent
> about "another type of intervention" after bond yields climbed back to multi-year highs.
>
> "The ultimate intervention is our military," Trump said. "And if we have to use that, we will."Dear USAnians: your demented president is now threatening to use the US military against ... the US #bond market?
Your mainstream media should absolutely not be able to #sanewash this stupidity, but they probably will.
#USPol #DipshitDonnie #TBills #BondMarket #MangoMussolini #bankruptcy
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The coming financial crash of AI will combine perfectly with the US debt crisis...
#ai #geopolitics #usa #debt #financialcrisis -
GOP tax policy has impoverished America. 40 Trillion debt party.
Trump's cuts have only made it worse. Interest payments on that debt is $1Trillion annually.
Democrats have been the responsible parents growing the economy while making sure they meet the obligations to the poor , disabled and veterans.
Reducing revenue to grow the economy (Laffer Curve, supply side econ. ) has failed miserably . Only communism failed worse.
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🇬🇧 💷
UK debt nears £3 trillion as government borrowing unexpectedly climbs
🔗 https://www.independent.co.uk/news/business/uk-borrowing-budget-john-healey-b3036869.html
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Broadcom Raises $60B+ in Debt to Expand AI Chip Infrastructure
Broadcom is in talks with lenders to raise more than $60 billion in new debt for AI chip financing, potentially reaching $100 billion in total capital to fund compute expansion for Anthropic and others.
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/2
The US gov't has been issuing lots of #debt over many years (acting like the corporate bond market in a way, financing activity w/ debt while expecting a "payout" of high US economic growth; the current admin especially so).
Now US bonds are less attractive to investors, causing a big selloff (which US Treasury Secretary Bessent recently failed to tamper much, see the 2nd link below).
#USA #USeconomy #finance #bonds #GovernmentBonds
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https://www.msn.com/en-us/money/markets/bond-market-sell-off-threatens-to-drive-up-loan-costs/ar-AA2auFYG
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https://mstdn.social/@dalfen/117132806463579679 -
#JV assures everyone that the #TreasurySecretary who helped #DisasterDon create a $40 TRILLION #Debt, has a plan to reduce our debt.
(Brought to you by the same WH that made #Measles great again after ignoring #Covid.)
https://thehill.com/homenews/administration/6042908-vance-bessent-national-debt-plan/
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@arrrg
I wish that were true, but 80 million people still reelected #DisasterDon despite his 1st term catastrophe (exploded the #Debt, crashed the economy, and dismissed #Covid resulting in 1.2M deaths.) The #cult has their Reality Filter on full blast.Consider that T**** himself would NEVER qualify for #TopSecret clearance, yet he is now privy to BEYOND Top Secret info, took home SCIF-protected docs, and is now being milked for info by #Putin on a daily basis. 😱
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Treasury chief Scott Bessent: The USA can 'grow' its way out of $40,000,000,000,000.00 debt
Never any question that giving away the public's vast savings & investments to the 3,000 billionaire donors' great-great-grandchildren was absolutely the right thing to do.
#debt #postcapitalism #economy #plunder #redistribution #classWar #uspol #economyNews #news #PLUTOCRACY #feudalism #nationalDebt #usnewshttps://thehill.com/business/6041596-scott-bessent-us-economy-40-trillion-debt
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Another shipping bottle-neck 'strengthened.
"#Panama Canal to limit shipping ahead of extreme weather during El Nino
The El Nino weather phenomenon is expected to increase the likelihood of drought and excess heat across the region."
#Taco #Nacho #News #Politics #Nato #War #ww3 #Military #Economy #USA #Economics #Trade #Commerce #Debt #Incompetence #Trump #Weather #Drought #Finance #Inflation #Bonds
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#Treasury actions fail... pre-market is UP!!!! Yay???
"Longer-dated Treasury yields rise as Bessent’s bond buyback rally fizzles out"
#Taco #Nacho #News #Politics #Nato #War #ww3 #Military #Economy #USA #Bankrupt #Debt #Incompetence #Trump #Bessent #Finance #Inflation #Bonds
https://www.cnbc.com/2026/08/21/treasury-yields-bonds-inflation-rates.html
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Bessent’s buyback tactic "worked for roughly one day" before #yields went back up 👀
Concerns:
• Record $40 trillion US #debt
• Persistent gov't spending, like w/ #IranWar; budget deficit
• Consistently high #inflation
• Increased #oil #prices
• Americans must spend & borrow more
• AI-related corporate #spending financed via #borrowing (with uncertain returns)#USA #USeconomy #economics #bonds #finance #NotGood
---Turmoil in Treasury bond yields sparks global worries
https://thehill.com/homenews/analysis/6042626-treasury-secretary-bessent-buyback/
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Remarkable #US #Incompetence
" Why Europe can’t escape the fallout from $40 trillion US debt woes
War and Big Tech’s AI dreams are only making the global fight for capital more intense. "
#Taco #Nacho #News #Politics #Nato #War #ww3 #Military #Economy #USA #Bankrupt #Debt #Incompetence #Trump #Bessent #Finance #Inflation #Bonds
https://www.politico.eu/article/why-europe-cant-escape-the-fallout-from-us-debt-woes/
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Broadcom Seeks Up to $100B in AI Chip Debt Financing
Broadcom is in talks with Blackstone and Apollo to raise up to $100 billion in debt for AI chip infrastructure serving Anthropic and other companies.
https://pulseofnations.lol/broadcom-seeks-up-to-100b/
#AI #Anthropic #Apollo #Blackstone #Broadcom #Debt #Semiconductors
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Oracle's AI spending blows past estimates, raising worries over growing debt | Reuters
https://www.reuters.com/technology/oracle-beats-fourth-quarter-revenue-estimates-2026-06-10/
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RE: https://flipboard.com/@bbcnews/business-h8ss70mez/-/a-tfXVlrTrSzCOsakC-HT4Bg%3Aa%3A3199692-%2F0
Probably not. If it has worked for so long why change now?
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"Australia's debt, when compared to the size of the economy, is negligible alongside that of most other developed nations.
At 32 per cent of GDP, #Australia ranks well down the #debt list.
Germany's debt pile is at a concerning 70 per cent of GDP, the United Kingdom at 95 per cent, the US at 125 per cent and Japan at an astonishing 250 per cent."
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I complain about shaky finances. But thinking about it, I realised that maybe I haven't got it so bad. Other people have way more savings than me, but many are also indebted. I have no debts whatsoever, not even any study #debt left. All I have is a house mortgage where the current market value of the house is more than twice the remaining loan.
If we sold the house and took a rental apartment instead, it would be three or four years before I needed to worry about finding an income.
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‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending https://www.theguardian.com/business/2026/aug/20/us-national-debt-republicans #republicans #RepublicansDidThis #RepublicansOwnThis #economy #NationalDebt #debt #TrumpRegime