us debt

Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin

March 30, 2024 Bitcoin.com

Bitcoin

Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give the U.S. a chance to avoid a “debt death spiral.” […]

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$167,911,000,000 Added To US National Debt in 20 Days As Citadel CEO Warns Government Spending at ‘Borderline Insanity’

March 22, 2024 The Daily Hodl

Daily Hodl

The CEO of a $60 billion hedge fund says Americans should be alarmed about the country’s rapidly expanding debt. New numbers from the Treasury Department show the national debt climbed from $34.393262 trillion on March 1st to $34.561173 trillion on March 20th, a rise of $167.911 billion in just 20 days. At this point, the […]

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$474,930,000,000 Added To US National Debt Since January 1st As Ex-IMF Official Says America Now on Dangerously Unsustainable Path

March 15, 2024 The Daily Hodl

Daily Hodl

A former deputy director of the International Monetary Fund (IMF) says the US is now racking up debt at an extremely dangerous pace. Fresh data from the U.S. Treasury Department shows that the national debt rose from $33.990 trillion on January 2nd to $34.465 trillion on March 8th – an increase of more than $474.930 […]

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US Debt Surging $10 Billion Per Day, $416 Million Per Hour, $6.94 Million Per Minute, $115,740 Per Second: US Treasury Department

March 9, 2024 The Daily Hodl

Daily Hodl

America’s ever-increasing pile of debt is now growing at a stunning pace, according to new numbers from the U.S. Treasury. The agency’s “debt to the penny” database shows the national debt is ballooning by about $1 trillion every 100 days. That’s a staggering $10 billion per day, $416.67 million per hour, $6.94 million per minute […]

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Blow-Off Top? Legendary Trader Peter Brandt Weighs In on Bitcoin After BTC Rises Nearly 50% in a Month

March 3, 2024 The Daily Hodl

Bitcoin

Veteran trader Peter Brandt, who gained legendary status after calling the 2017 Bitcoin (BTC) collapse, is looking at the crypto king’s history to determine whether its multi-month bull run is over. Brandt tells his 719,800 followers on the social media platform X that he thinks Bitcoin’s bull market is just getting started after BTC surged […]

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$870,000,000,000 in Interest Will Be Spent on US National Debt This Year, Exceeding Defense Spending for First Time Since 1940: Report

March 3, 2024 The Daily Hodl

Daily Hodl

The US government is expected to shell out nearly a trillion dollars this year just to cover the interest on its record-level debt. The Committee for a Responsible Federal Budget (CRFB), a nonprofit that calls attention to issues with significant fiscal impact, cites data from the Congressional Budget Office (CBO) estimating that the US government […]

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$213,182,743,000 Piled Onto US National Debt in Just 23 Days As Former IMF Chief Economist Says He’s Extremely Worried About Borrowing Binge

February 29, 2024 The Daily Hodl

Daily Hodl

A former International Monetary Fund (IMF) chief economist is sounding the alarm about the US government’s insatiable thirst for debt. New data from the U.S. Treasury Department shows that the national debt rose from $34.155 trillion on February 1st to $34.368 trillion on February 23rd. That’s an increase of over $213.182 billion in about three […]

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Global Debt Surpasses $313,000,000,000,000 As Nations Face ‘Potential Growing Challenges’ in Ability To Pay Their Bills: Report

February 24, 2024 The Daily Hodl

Daily Hodl

Global debt has officially passed a record high of $313 trillion and according to a new study, a group of nations appear to be increasingly at risk of not being able to pay it back. Global debt soared $15 trillion from Q4 2022 to Q4 2023, says the Institute of International Finance (IIF), as reported […]

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$20,180,000,000,000 Surge in US National Debt Incoming, Says CBO, As Billionaire Paul Tudor Jones Warns ‘Debt Bomb’ is Ticking

February 11, 2024 The Daily Hodl

Daily Hodl

The Congressional Budget Office (CBO) is projecting that the US national debt will shatter the $50 trillion mark in the next decade. In a new report, the agency that provides financial and economic data to the US Congress says it expects the country’s national debt to reach $54.4 trillion by the end of 2034. According […]

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$201,000,000,000 Piled Onto US National Debt in One Month As Black Swan Author Warns America Facing Financial ‘Death Spiral’

February 10, 2024 The Daily Hodl

black swan

Black Swan author Nassim Taleb says at this point, it will take a miracle for the US government to avoid falling into a deadly debt spiral. Taleb’s warnings come as another $201 billion was added to the US national debt in just one month. According to new data from the Treasury, the US national debt […]

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