#us-debt — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #us-debt, aggregated by home.social.
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RE: https://mastodon.world/@BillMitchell/117163791041876766
Finally an #MMT economist responding to the hysteria about #USdebt (maybe I missed someone else?).
Oh no! 40 trillion! Do you know how much more that is than 39,999,999,999,999?
$1USD. (All milestones are arbitrary and ridiculous but make good clickbait.*)
And all debt hysteria is ridiculous as Bill Mitchell explains at length.
*Media and those who thrive by being its talking heads are competing for our 👁️ 👁️ … to make profit, not to educate or inform.
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"Maybe this stuff works on TV or on the stump. But it doesn't work on Wall Street, where people can count."
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The treasury bond mess: is this the demise of the US as a safe haven?
https://www.theguardian.com/business/2026/aug/24/treasury-bonds-trump-administration-debt
Comments: https://news.ycombinator.com/item?id=49417941
#HackerNews #treasurybonds #safehaven #usdebt #financialmarkets #economiccrisis
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🧵 1/2
Paul Krugman & Jared Bernstein on US debt
https://youtu.be/XnHxzDcfmw4?si=d41xntuRNsSkyh17Sanity and decency rather than hysteria or complacency in this discussion of US debt.
It will be helpful viewing for Americans worrying about the size of the debt and salutary for Democrats and progressives when thinking about policy priorities for a post-Trump USA.
When discussing the current and projected level of US debt, always....
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US debt has hit $40tn - Will that be a wake-up call?
https://www.bbc.com/news/articles/c9d8z72nn02o
Comments: https://news.ycombinator.com/item?id=49388067
#HackerNews #USdebt #wakeupcall #economiccrisis #fiscalresponsibility #nationaldebt
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@meidastouch.com
JUST IN: The total US debt has officially hit $40 TRILLION for the first time IN HISTORY
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US Debt to Exceed $40 Trillion This Week
It means that every working adult (210 million) in united states is over $190k in debt.Over 40% of it was added by Trump!
US deficit was over $700B this year
More accurate numbers:
https://www.usdebtclock.org/ -
People are worried about America's solvency
https://www.ft.com/content/e04f286c-f5ed-46d1-8e3f-0bbe4cce4d3e
Comments: https://news.ycombinator.com/item?id=49329347
#HackerNews #Solvency #Economy #Concerns #FinancialStability #FutureChallenges #USDebt
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🎉 Oh joy, the U.S. debt is now 123% of #GDP, because who doesn't love living in a nation that has more debt than it can count? 🤡 While the St. Louis Fed dazzles us with tools and apps to track this economic magic trick, perhaps they could also release a tutorial on how to not freak out about the impending financial apocalypse. 📉
https://fred.stlouisfed.org/series/GFDEGDQ188S #USDebt #Crisis #EconomicReality #FinancialApocalypse #HackerNews #ngated -
U.S. debt-to-GDP ratio reaches 123%
https://fred.stlouisfed.org/series/GFDEGDQ188S
Comments: https://news.ycombinator.com/item?id=49123258
#HackerNews #USDebt #GDPratio #EconomicTrends #NationalDebt #FinanceNews
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RE: https://mastodon.social/@FluentInFinance/116631697735337408
When something that was thought to be unsinkable starts to sink, there’s always some small band playing nearby.
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#NowPlaying just in time for our #USTreasuries being an #USDebt issue, on #HBO :
"Too Big To Fail" which is about the 2008 financial crisis involving investment banks & real estate derivatives.Apply that to today's situation with U.S. Treasuries --when Russia & China did a massive holdings dump of Bear Stearns & Lehman Brothers could happen to their holdings of U.S. Treasuries, and there's no Fed to bail out the Fed like they did Fannie Mae and Freddy Mac et al in 2008.
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Trump is killing us. Literally.
Debt now exceeds GDP. The US is spending $1.33 for every dollar it collects.
#USDebt #TrumpMustGo #TrumpKillsAmerica #Iran #RepublicansDidThis #NoMoreRepublicans #USPol
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Dis u, 'liddle' Marco?
https://youtube.com/shorts/WRhZuacVLlM?si=1FftAFhNMio1gEdE
@PissedMagistus #pissedmagistus #usdefensebudget #wealthinequality #warmachine #968billion #38trillionusdebt #usdebt #medicaldebt #studentdebt #personaldebt #illiteracy #youthunemployment #homelessness #globalrepercussions -
'US 10-year treasury yield has surged nearly 0.5 percentage points since Washington launched its war...A rising yield indicates investors are offloading Treasuries and that the US will have to offer a higher coupon, or interest rate, on future issuance. That, in turn, will exacerbate growing worries over spiralling US public debt, which has increased by two-thirds this decade to a record $38.5 trillion'
#iran #middleEast #politicalEconomy #petrodollar #usDebt #trumpClusterfuck
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From WTOP.com: US national debt surges past $39 trillion just weeks into war in Iran
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💥 BREAKING: The Iran war has now cost Americans over $10 BILLION — and counting. So much for DOGE. 💸🪙 #TrumpWatch #IranWar #USDebt #CryptoCrash www.aa.com.tr/en/americas/...
US operations against Iran rac... -
🚀🎉 Breaking news: #Tether, a #stablecoin company, is holding more US debt than your average teenager holds TikTok followers. 📉💼 Meanwhile, the article itself might as well have been written in Morse code considering its #JavaScript dependency issues. 😅🔧
https://twitter.com/paoloardoino/status/1983455972636111011 #USdebt #technews #HackerNews #ngated -
Tether is now the 17th largest holder of US debt
https://twitter.com/paoloardoino/status/1983455972636111011
#HackerNews #Tether #USDebt #CryptoFinance #MarketTrends #EconomicNews
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From AP.com: US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic
https://apnews.com/article/trump-treasury-debt-ceiling-bessent-09575f13ca95c2f1beb38234b2cbe85b
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Day 23 of the Trump/Republican shutdown - and the Republican national debt.
- GOP led House of Representatives remains in hiding
- Trump is tearing down a significant portion of the White House after having trashed the Oval Office.
- US Republican debt hits $38 trillion (that’s 38,000 billion dollars)The US national debt in 1980 was $908 billion.
The $38 trillion debt is directly due to Republican fiscal policy since 1980, the year Ronal Regan (GOP) was elected.
45 years of Republican tax cuts for the rich and corporations is a primary reason for the US debt.
GOP economic policies have failed. They failed to achieve any stated goal they were enacted to address.
#Politics #Economics #Trump #GOP #Shutdown #Shutdown2025 #NationalDebt #USDebt #FiscalPolicy
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How the Trump Tariff Cycle Threatens Crypto Price Trends - TLDR:
Trump’s tariff escalation often begins with vague warnings before he impose... - https://blockonomi.com/how-the-trump-tariff-cycle-threatens-crypto-price-trends/ #marketvolatility #dollarweakness #trumptariffs #cryptoprice #inflation #tradewar #finance #usdebt
