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Tag: Debt

The Fed’s ‘Great Illusion’ Meets the Debt Doom Loop: Why ZeroHedge Says the Math No Longer Works

Two ZeroHedge analyses dropped on the same day argue the Federal Reserve's reputation for foresight is a marketing exercise — and that the U.S. sovereign-debt arithmetic has crossed a threshold from which there is no graceful exit. NewsRescue walks through the numbers behind the alarm.

Debt could destroy US economy – JP Morgan boss

JPMorgan CEO Jamie Dimon claimed in an interview with Fox News earlier this week that the US economy is on the verge of collapse as the massive...

British household energy debt highest ever – regulator

According to national energy regulator Ofgem, British homeowners have accumulated record debts with electricity and gas companies totaling around £3...

Biden and McCarthy reach deal to increase US debt limit

Following a lengthy phone conference on Saturday evening, US President Joe Biden and House Speaker Kevin McCarthy achieved a “tentative” deal on...

China dumping American debt – US Treasury data

According to data released by the US Treasury on Wednesday, China has continued to reduce its holdings of US treasury securities as the threat of...

Don’t Bind Nigeria In Foreign Debt, Fund Budget With Recovered Loot, TSA – Fayose

By Doyin AdebusuyiAdo Ekiti — Ekiti State Governor, Mr Ayodele Fayose has described as unnecessary the reported plan of the federal government to...

At Last Minute Jonathan Signed Nigeria Into $3bn Debt To Emeka Offor-Linked Chinese Company – NewsRescue.com

Few days before the end of his tenure, former President Goodluck Jonathan and the Attorney General of the Federation (AGF), Mohammed Bello Adoke,...