Ray Dalio discusses rising U.S. national debt and its implications for elections. Continue Reading:Ray Dalio Highlights the Impact of U.S. National Debt on Election Outcomes The post Ray Dalio Highlights the Impact of U.S. National Debt on Election O
Bridgewater Associates founder Ray Dalio says America’s $35.327646622839 trillion national debt will continue to grow no matter who wins the race for the White House. In a new interview with Bloomberg at the Milken Institute Asia Summit 2024, Dalio s
US banks are increasingly offloading billions of dollars in bad debt that they’ve officially given up on collecting, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its new Quarterly Banking Profile report, the FDIC
The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently holds 244,800 BTC.
El Salvador will no longer use external debt to finance its national budget starting in 2025. The country’s President, Nayib Bukele, announced this during his Independence Day address on September 15. The country’s Bitcoin strategy is believed to hav
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
James Fickel, a crypto investor, lost $43.7M in BTC/ETH trades after borrowing $172M in WBTC, leaving him with a $132M debt on Aave, per Lookonchain data.
American firms have reportedly issued record volumes of debt in what analysts say is an attempt to get ahead of potential event risks in the near future. Data from the London Stock Exchange Group (LSEG) shows 29 investment grade bond deals were issue
The post US Debt Reaches New Heights: What It Means for the Crypto Market appeared first on Coinpedia Fintech News A crypto expert, identified as Crypto Rover, has expressed serious concern about the present state of the US economy. In a post he rece
Influential economist Peter Schiff reshared a post by pseudonymous X user DogeDesigner about the escalating national debt crisis in the U.S. read more
The US national debt has reached a staggering $35.347 trillion as of Sept. 9, 2024, marking a significant increase of $1.357 trillion since the beginning of the year. This surge in debt, when viewed through the lens of Bitcoin, presents an intriguing
The US national debt has ballooned by over half a trillion dollars in just three months. According to the U.S. Treasury, America’s national debt jumped from $34,635,364,143,328 on June 3rd to $35,319,686,640,609 on September 3rd – a surge of $684,322
Americans are holding more household debt than ever before as one of the biggest banks in the country warns of a weakening US consumer. According to a report from the New York Fed, US credit card debt just hit $1.14 trillion. On the whole, Americans
In a recent X post, Pierre Rochard, VP of Research at Riot Platform, proposed a plan for the U.S. to address its national debt using Bitcoin reserves.
Donald Trump has floated the possibility of using bitcoin to pay off the U.S.'s $35 trillion debt pile...
Former President Donald Trump says he could use crypto to pay off the US government’s $35 trillion national debt. The Republican nominee for president brought up the idea in a recent interview on Fox
Former US President and Republican candidate Donald Trump continues to champion Bitcoin as he campaigns for re-election this November. In a recent statement, Trump suggested that Bitcoin could be inst
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 Jun
Core Scientific’s stock performance triggers mandatory conversion of $260 million in secured convertible notes due in 2029.
The US national debt is rising at a blistering pace. New data from the Treasury Department shows the nation’s outstanding debt jumped from $33.990 trillion on January 2nd of this year to $34.866 trillion on July 2nd. That’s an increase of over $876 b