home.social

#debtdefault — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #debtdefault, aggregated by home.social.

  1. 4 years after Evergrande crash, Chinese families are still stuck in ‘broken houses’

    Rebecca Wei’s new home still looks like a construction site. The road running up to the high-rise housi…
    #NewsBeep #News #Economy #"guaranteedeliveryofhousing"campaign #Business #China #ChinaIndexHoldings #CountryGarden #Crisis #debtcrisis #debtdefault #Evergrande #Guangdong #Guangzhou #Housing #Kunming #property #propertycrisis #Qingyuan #realestate #RedNote #UK #UnitedKingdom
    newsbeep.com/uk/63817/

  2. @Nonilex

    #USpol #Finance

    (2/n)

    ...lead to a #DebtDefault of #US national debt b/c already the #US aren't seen as a safe heaven for investments and "parking" funds anymore, and the #USD will not be the single global reserve currency anymore either, making debt service much more expensive.
    Interest rates on #US Treasury bonds, which have been comparatively cheap @ least ever since the greenback...

  3. According to the FT this morning, the US may put tariffs on capital inflows, so effectively a tariff on investing there. In addition some close to the administration are advocating a default (restructuring) of government debt. Trump has form when it comes to defaulting so I'd take this seriously. The USA could be the the best #Argentina as it seeks to devalue the dollar to boost exports.

    #usa #tariffs #debtdefault

  4. Bitcoin (BTC) Recovers, But Will Upside Momentum Continue? Analyst Shares Take | Coingape - Bitcoin (BTC) is showing a very promising outlook today with its price recording a 1.01% ... - coingape.com/bitcoin-btc-recov #24/7cryptocurrencynews #bitcoin(btc)news #debtdefault #bitcoin

  5. Crypto Market Recovers as Blame Game Permeates US Debt Default Outlook | Coingape - As the United States economy remains in an uncertain state as it concerns the plausible d... - coingape.com/crypto-market-rec #24/7cryptocurrencynews #cryptomarket #usgovernment #debtdefault

  6. @potus

    Of course no sensible person wants the US economy to enter a recession with all the harm it will do to the average American!

    BUT

    That’s exactly the economic forecast Republicans want! They are HOPING their REFUSAL to authorize borrowing to pay for spending they ALREADY okayed will bring recession, unemployment & devastated retirement savings — they plan to pin THEIR REFUSAL to honor America’s commitments on President Biden.

    Will this dastardly trick work?

    #debtdefault

  7. @TheConversationUS

    Seems the #DebtCeiling travail is different this time, tho ...

    A large portion of the House MAGA caucus prefer the drama and chaos #DebtDefault would precipitate.

    Their base to include: White Nationalists and Birchers relish crisis -- fulfilling anarchist prophecy.

    Just ask some of the folks who identify with #Redoubt to the extent they live in the woods of ID and MT like Ted Kaczynski clones.

    Scarier than 'usual.'

    #news #Business #USPolitics

  8. @edbott

    (1/2)

    I have literally been waiting for this headline to drop: "#PeterThiel started the #BankRun".

    What better way, apart from the #DebtDefault of the #US following the failure to raise the #DebtCeiling*, to bring down the #dollar as #ReserveCurrency?

    "Bottom line: Peter Thiel and #ElonMusk have allied with #Putin and #oil/gas interests to try to undermine the dollar as the world’s reserve currency..."

    mastodon.social/@HistoPol/1098

  9. The non-partisan Congressional Budget Office estimates default could occur between July and September if the debt ceiling isn’t raised by then.

    #UnitedStates #NationalDebt #DebtDefault
    cbo.gov/publication/58906

  10. CW: U.S. and U.K. politics, Brexit, debt default

    In the U.S., we've all been making fun of the unmitigated disaster that the post-Brexit UK has become, even though we suspected it was only a matter of time before the U.S. heads down the same senseless path. If we default on the debt, there will be no recovering our place at the top of the global economy. #USpolitics #debtdefault #Brexit #ukpolitics