Politifact15h
Does a ‘US Debt Clock’ prove DOGE has saved $64 billion? Why the clock and that claim lack evidence
The website "USDebtClock.org" does not provide sources or an explanation for its "DOGE Clock," which claimed to show $121 billion saved and counting, as of Feb. 21. The Department of Government ...
Ray Dalio issues dire warning of American ‘debt death spiral’ and highlights serious US dollar risks — but points to this 1 shockproof asset for ‘when bad times come ...
Hedge-fund billionaire Ray Dalio has a stark warning for America — one that centers on its mounting debt crisis, with national debt standing at $36.22 trillion. In a recent interview with CNBC, Dalio ...
Appeals over Vijay Mallya’s bankruptcy described by judge as ‘Alice in Wonderland’ case
Indian businessman Vijay Mallya's bankruptcy appeal in the UK concluded, with a judge’s decision pending. Mallya argues that ...
Rising Debt, Delinquency, and Lenders’ Challenges
By the end of 2024, Americans’ credit card debt reached an all-time high of $1.21 trillion—up $45 billion from the previous quarter and 7.3% higher than in 2023. A major factor in this increase was ...
Debt Has Always Been the Ruin of Great Powers. Is the U.S. Next?
From Habsburg Spain to Trump’s America, there’s no escaping the consequences of spending more on interest payments than on defense.