…federal government spends more money than it brings in from tax revenues. To make up the difference, the Treasury borrows money by issuing bonds. When anyone buys a federal bond, they…

…debt, Appelbaum explained. “And that debt is what drives a lot of the poor quality care in private equity-owned facilities,” evidenced by staffing reductions, less time with patients, and less…

…billion in a debt-like “hybrid” bondage to Apollo. The company spent more than $1.5 billion on rent and interest expenses in 2020, and those costs are likely to rise fast as interest rates continue…

…Education) can cancel not just some, but all federally owned loans without needing any money from the Treasury. This will also add absolutely nothing to the national debt. This is…

…$4.6 trillion. The new load is projected to increase the national debt from $36 trillion this year to $50 trillion by 2034. The $5 trillion debt limit increase would allow…

…debt at the end of World War II. How did we pay off that debt? We didn’t, we just grew out of it: Federal debt in dollar terms was about…

…at least some credit card debt, and another 18% saying they “had this type of debt in the past, but not anymore.” The poll, released last week, also found that…

Clifford Clark’s post at ataxingmatter* is worth a more complete look. This also brings to mind Steve Keen’s work on private debt and the economy on his blog Debt Watch…

…of the debt overhang from the 1990’s, the debt accumulation spanning the second half of the 2000’s was precipitous. It’s very unlikely that the excess corporate saving will fall anytime…

…of debt to GDP indexed to the start of each Presidential term. Therefore, the numbers are not the debt ratios, rather the appreciation of the debt ratios since the onset…