…are trapped in a vicious 2T student debt trap, uniquely stripped of the constitutional right of bankruptcy present in every other type of consumer debt. The newly passed debt ceiling…

…projects that credit card debt will increase by $120+ billion by the end of 2024. You can find other takeaways from WalletHub’s latest Credit Card Debt Survey below. Summer Debt Lingers: 46% of…

…suffer the consequences). And unlike Greece, though our debt is high, it is still only about 70% of GDP. And lucky for us, the foreign nations who buy our debt…

…on debt, due to tiny changes in both revenues and spending. 5. Democratic presidents are the only ones to reduce the debt — and they do so in a big…

…is noticeable that the Eurozone’s debt does not fall below it until 2018, while debt/GDP in Greece and Portugal will be in triple digits for many years. These debt levels…

…because of fears of excessive debt. This contractionary trend was exacerbated by a sovereign debt crisis in Greece. Other European governments sought the inclusion of the IMF in addressing the…

…to the real economy. • The stock of outstanding private debt is proportionally much bigger relative to government debt. Ditto the issuance and retirement of private debt relative to government…

From December 29, 2005: Snow urges Congress to raise debt limit U.S. Treasury Secretary “The administration now projects that the statutory debt limit, currently $8.184 trillion, will be reached in…

…[government] debt will plummet if interest rates rise… we could buy back long-term debt issued today at interest rates of less than 2.0 percent for discounts of 30-40 percent. This…

…the economy isn’t is some sort of recession. But every new ‘purchase’ scores as in increase in total Public Debt, that is Social Security ‘Solvency’ means increasing America’s debt. Without…