…the Greek situation as one of imposed austerity to force payment of debt incurred in the past. But because of the continuing declines in GDP, the improvement in the debt/GDP…

…the increase in the U.S. debtor status in its net international investment position (NIIP), currently valued at $8.1 trillion, which is equal to 42% of GDP. The Fund is concerned…

…try). Meanwhile, back in the real world, deficits soared; so did debt. When facing the realities of managing debt, utilizing tools like a debt calculator can provide valuable insights into…

President Biden has so far insisted he will not negotiate over the debt ceiling.  This makes sense on one level.  The Republicans are threatening to blow up the economy to…

…cannot pay. Matt McConnell, economic justice and rights researcher at Human Rights Watch . . . “Nonprofit hospitals are contributing to medical debt and engaging in abusive billing and debt…

…their returns, saddled with debt, and leaving a shell of what was worst then before. Along the way, a hospital’s purpose of serving a community is lost to private equity…

…much as they did before the pandemic. Credit Card Debt The next graph shows that credit card debt is rising again, after sinking in the pandemic. The piece tells readers:…

…2022, Adam Looney (University of Utah), claimed a broad student loan cancellation would be regressive because student loan borrowers in the top 20% income bracket hold 30% of the debt. Looney also…

…citizens. Student loan debt is the second-highest consumer debt category after mortgages. Student loan debt in the United States totals $1606.7 trillion; annual growth resumed in 2024 following a year-over-year (YoY) decline in…

…debt has reached levels not seen since the aftermath of World War II, and is projected to continue rising over the next three decades on an unsustainable path. How have past fertility trends…