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IMF Advises US to Keep Interest Rates Steady Through Late 2024

IMF Advises US to Keep Interest Rates Steady Through Late 2024The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest rates until late 2024. “Given those risks, we agreed that the Fed should keep policy rates at the current level until […]

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$215,653,379,240 Added to US National Debt in One Month As Former White House Official Warns America on Brink of Fiscal Abyss

5,653,379,240 Added to US National Debt in One Month As Former White House Official Warns America on Brink of Fiscal Abyss

The U.S. just added $215.65 billion to the national debt in a span of only 30 days. According to new data from the U.S. Treasury, the national debt rose from $34,534,845,450,747 on May 15th to $34,750,498,829,987 on June 15th. As of last month, the interest being paid on the debt already exceeded the amount spent […]

The post $215,653,379,240 Added to US National Debt in One Month As Former White House Official Warns America on Brink of Fiscal Abyss appeared first on The Daily Hodl.

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Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to Elections

Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to ElectionsOtavio Costa, a Macro Strategist at Crescat Capital, a multidisciplinary asset management firm, has expressed concern about the state of the U.S. government securities liquidity index and its potential implications for the future of U.S. debt. He suggested that the U.S. is on the verge of experiencing its own ‘Bank of England’ moment prior to […]

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US National Debt Surges $69,417,431,854 in One Day, Reaching All-Time High of $34,750,498,829,987

US National Debt Surges ,417,431,854 in One Day, Reaching All-Time High of ,750,498,829,987

The US national debt just surged to a new all-time high of $34.75 trillion. The new milestone comes after the nation’s outstanding debt jumped $69.41 billion in a single day, according to new numbers from the U.S. Treasury’s Debt to the Penny database. According to a new report from the Congressional Budget Office (CBO), the […]

The post US National Debt Surges $69,417,431,854 in One Day, Reaching All-Time High of $34,750,498,829,987 appeared first on The Daily Hodl.

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Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China’s Growing Influence

Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China’s Growing InfluencePaul Ryan, a former speaker of the House of Representatives, has assessed the possible role that stablecoins will play in fighting an upcoming U.S. debt crisis. According to Ryan, the demand derived from the increasing relevance of dollar-backed stablecoins, which use U.S. treasuries as backing, will help keep a healthy demand on U.S. debt and […]

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US National Debt Hits All-Time High of $34,667,000,000,000 As CBO Warns Rising Debt Will Reduce Americans’ Income

US National Debt Hits All-Time High of ,667,000,000,000 As CBO Warns Rising Debt Will Reduce Americans’ Income

The US national debt just hit a new all-time high of $34.667 trillion. New numbers from the Treasury Department’s Debt to the Penny system show the country’s national debt reached the milestone on Friday, May 31st. That’s a $677 billion increase from the start of 2024, when the nation’s debt stood at $33.990 trillion. The […]

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Analyst: Gold and Silver Set to Rally Amidst a Collapse of the US Financial System

Analyst: Gold and Silver Set to Rally Amidst a Collapse of the US Financial SystemEgon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment, fueled by the issuance of unlimited debt and the loss of trust in […]

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US National Debt Surges $273,859,000,000 in Two Months As Billionaire Leon Cooperman Warns Nation Heading Toward Financial Crisis

US National Debt Surges 3,859,000,000 in Two Months As Billionaire Leon Cooperman Warns Nation Heading Toward Financial Crisis

The US government’s balance sheet continues to expand at a scorching pace, with more than a quarter of a trillion dollars in debt added in two months. New data from the Treasury Department’s Debt to the Penny system shows the country’s national debt rose from $34.297 trillion on February 21st to $34.571 trillion on April […]

The post US National Debt Surges $273,859,000,000 in Two Months As Billionaire Leon Cooperman Warns Nation Heading Toward Financial Crisis appeared first on The Daily Hodl.

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US National Debt To Shatter $141,000,000,000,000 As Massive Borrowing Threatens Dollar’s Reserve Currency Status Over Next Three Decades: CBO

US National Debt To Shatter 1,000,000,000,000 As Massive Borrowing Threatens Dollar’s Reserve Currency Status Over Next Three Decades: CBO

The Congressional Budget Office (CBO) projects deficits will run wild as the US national debt surpasses a staggering $141 trillion by the year 2054. In a new budget outlook report, the non-partisan federal agency estimates that the United States’ GDP will reach $85.2 trillion in three decades, but that debt will be 166% of that, […]

The post US National Debt To Shatter $141,000,000,000,000 As Massive Borrowing Threatens Dollar’s Reserve Currency Status Over Next Three Decades: CBO appeared first on The Daily Hodl.

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$677,000,000,000 Added To US National Debt in Three Months As BlackRock CEO Warns Situation ‘More Urgent Than I Can Ever Remember’

7,000,000,000 Added To US National Debt in Three Months As BlackRock CEO Warns Situation ‘More Urgent Than I Can Ever Remember’

The US government just added more than half a trillion dollars to its balance sheet in three months. Data from the Treasury Department’s Debt to the Penny database shows the national debt rose from $33.896 trillion on December 27th to $34.573 trillion on March 27th – an increase of $677 billion. The CEO of the […]

The post $677,000,000,000 Added To US National Debt in Three Months As BlackRock CEO Warns Situation ‘More Urgent Than I Can Ever Remember’ appeared first on The Daily Hodl.

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