Trillion

US Borrowing $8,000,000,000 Per Day As Ratings Agency Moody Issues Warning on Nation’s Deteriorating Fiscal Strength

November 16, 2024 The Daily Hodl

Daily Hodl

New numbers show the US government is piling a staggering amount of debt onto its balance sheet every single day. The nonpartisan, nonprofit Committee for a Responsible Federal Budget (CRFB) says the federal government is now borrowing $8 billion per day just to keep things running. Citing data from the Congressional Budget Office (CBO), the […]

The post US Borrowing $8,000,000,000 Per Day As Ratings Agency Moody Issues Warning on Nation’s Deteriorating Fiscal Strength appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

$33,000,000,000,000 ‘Wall of Debt’ Descending on Globe As Governments Face Financial Day of Reckoning: Report

November 10, 2024 The Daily Hodl

Daily Hodl

Governments around the world are facing a major day of reckoning on trillions of dollars of debt. A so-called “maturity wall” of debt that advanced economies must refinance will descend by 2026. And that great wall of debt is projected to accumulate to more than $33 trillion by the time it needs refinancing, reports the […]

The post $33,000,000,000,000 ‘Wall of Debt’ Descending on Globe As Governments Face Financial Day of Reckoning: Report appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Treasury Adds $104,000,000,000 To National Debt in One Day As Total Outstanding Debt Shatters Record High at $35,951,000,000,000

November 4, 2024 The Daily Hodl

Daily Hodl

The US national debt just hit a new record high after the Treasury Department added $104 billion to its outstanding balance in a single day. The Treasury’s Debt to the Penny database shows the government’s pile of debt is close to $36 trillion, clocking in at $35.951601173936 trillion. The US shattered the $35 trillion barrier […]

The post US Treasury Adds $104,000,000,000 To National Debt in One Day As Total Outstanding Debt Shatters Record High at $35,951,000,000,000 appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Government Borrows $827,887,738,000 in Three Months As Trillion-Dollar Asset Manager Warns Debt Spiral Threatens Americans’ Prosperity and Security

October 5, 2024 The Daily Hodl

Daily Hodl

The US national debt has surged over $800 billion dollars in just three months amid a fiscal warning from one of the world’s largest asset managers. According to the U.S. Treasury Department’s Debt to the Penny system, the national debt hit an all-time high of $35.668 trillion on October 1st, up from $34.841 trillion on […]

The post US Government Borrows $827,887,738,000 in Three Months As Trillion-Dollar Asset Manager Warns Debt Spiral Threatens Americans’ Prosperity and Security appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Government Paying $3,000,000,000 in Interest on National Debt Every 24 Hours: Report

September 15, 2024 The Daily Hodl

Daily Hodl

The US is spending a huge amount of cash per day just to cover interest on the national debt, according to the chief economist at the multinational investment giant Apollo Global Management. Citing data from the Treasury Department, Apollo’s Torsten Sløk says the US government is now spending an average of $3 billion in interest […]

The post US Government Paying $3,000,000,000 in Interest on National Debt Every 24 Hours: Report appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Wealth of Ultra-Rich To Shatter $9,500,000,000,000 by 2030 As Super Wealthy Accumulate Assets at ‘Meteoric Pace’: Deloitte

September 14, 2024 The Daily Hodl

Daily Hodl

Big Four accounting firm Deloitte says the net worth of mega-rich families is expected to explode by trillions of dollars in the coming years. In its Private’s Family Office Insight Series, Deloitte projects ultra-rich families who manage their wealth through private offices will grow their fortunes from $5.5 trillion today to $9.5 trillion in 2030. […]

The post Wealth of Ultra-Rich To Shatter $9,500,000,000,000 by 2030 As Super Wealthy Accumulate Assets at ‘Meteoric Pace’: Deloitte appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Treasury Begins $50,000,000,000 Liquidity Injection As Trillion-Dollar Bond Market Witnesses Weak Demand

August 10, 2024 The Daily Hodl

bonds

The Treasury Department is beginning to buy tens of billions of dollars in US bonds in a push to bolster the market. In a series of announcements, the department details its $50 billion buyback operation, which started on August 7th and will last until October 31st. The agency is looking to buy both short and […]

The post US Treasury Begins $50,000,000,000 Liquidity Injection As Trillion-Dollar Bond Market Witnesses Weak Demand appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

$90,000,000,000,000 Wealth Transfer Will Severely Disappoint Hoards of Millennials and Gen Zers Expecting Inheritance: Survey

August 10, 2024 The Daily Hodl

Daily Hodl

A major expectations gap exists between what older generations plan to hand down and what younger generations expect to receive in the $90 trillion great wealth transfer, according to a new survey. In the case of Millennials, the financial services giant Northwestern Mutual found 32% of the generation born between 1981 and 1996 expects to […]

The post $90,000,000,000,000 Wealth Transfer Will Severely Disappoint Hoards of Millennials and Gen Zers Expecting Inheritance: Survey appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Interest Payments on US National Debt Will Shatter $1,140,000,000,000 This Year – Eating 76% of All Income Taxes Collected: Report

July 21, 2024 The Daily Hodl

Daily Hodl

The vast majority of Americans’ income taxes are now being swallowed up just to pay interest on the country’s national debt, new numbers show. Economist E.J. Antoni reports that based on the Fed’s June numbers, interest on the national debt is the equivalent of 76% of all personal income taxes collected by the government. “Interest […]

The post Interest Payments on US National Debt Will Shatter $1,140,000,000,000 This Year – Eating 76% of All Income Taxes Collected: Report appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

$83,000,000,000,000 Transfer of Wealth Kicks Off – With Trillions Shifting To Spouses Before Being Surrendered To Next Generation: Report

July 19, 2024 The Daily Hodl

Daily Hodl

A historic transfer of wealth is now in motion as trillions of dollars held by older generations are moved down the line. And according to a new report, one under-explored facet of the transfer is just how much money is about to move “horizontally.” In its 2024 Global Wealth Report, UBS says that within the […]

The post $83,000,000,000,000 Transfer of Wealth Kicks Off – With Trillions Shifting To Spouses Before Being Surrendered To Next Generation: Report appeared first on The Daily Hodl.

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement