Page 9 - Debt Problem News Today

Pretty good to me the news met with stiff resistance after all its only the second time this is ever happened so why and why now. fitch says the downgrade is due to a steady decline in fiscal matters and what it calls governance issues but the u.s. has had a debt problem for quite some time and there have been shutdowns and rumors of shutdowns for decades now. , why now? joining us now to weigh in on this radiance impact and what it means to you and the investor of oleary ventures, mr. kevin ole...

Pretty good to me the news met with stiff resistance after all its only the second time this is ever happened so why and why now. fitch says the downgrade is due to a steady decline in fiscal matters and what it calls governance issues but the u.s. has had a debt problem for quite some time and there have been shutdowns and rumors of shutdowns for decades now. , why now? joining us now to weigh in on this radiance impact and what it means to you and the investor of oleary ventures, mr. kevin ole...

Pretty good to me the news met with stiff resistance after all its only the second time this is ever happened so why and why now. fitch says the downgrade is due to a steady decline in fiscal matters and what it calls governance issues but the u.s. has had a debt problem for quite some time and there have been shutdowns and rumors of shutdowns for decades now. , why now? joining us now to weigh in on this radiance impact and what it means to you and the investor of oleary ventures, mr. kevin ole...

Company posted a combined loss of more than $80 billion in 2021 and 2022. it also saw a rise in total liabilities with one of the largest debt piles in china. the debt problem has rippled through the property sector. lets go now to climate change, and if youve been watching the bbc news for the last couple of days, youve heard about the record high temperatures that are being recorded in china and elsewhere. the united states climate envoyjohn kerry is visiting beijing to press for more progress...

Pension funds, saying we dont have the money, and the debt problem may be if the onus is on the pension funds. i be if the onus is on the pension funds. ., be if the onus is on the pension funds. ~ , ., , , , , funds. i think he probably is, but i think its also _ funds. i think he probably is, but i think its also difficult _ funds. i think he probably is, but i think its also difficult to _ funds. i think he probably is, but i think its also difficult to coerce i think its also difficult to co...

You have seen stress build—up in the financial system over the last two years. financial system over the last two ears. �* financial system over the last two ears. . , ., ., years. are you finding that the economic _ years. are you finding that the economic environment - years. are you finding that the economic environment that i years. are you finding that the | economic environment that we years. are you finding that the i economic environment that we find ourselves in now, high inflation,...

We have not yet seen that lack of payment transfer over into things like mortgages and consumer credit to a degree, although youve seen stress build up in the financial system over the last two years. are you finding that the economic environment that we find ourselves in now, high inflation, high interest rates, is making the debt problem worse? so, the answer is yes. what we see is over time and across countries, are comparative of who is in a more difficult situation and who isnt. when we loo...

To fix the debt problem, in eight years, that was a joke at the time, but he has zero credibility on this issue. four years of his presidency, the debt went up by nearly eight trillion dollars, 25%, a quarter of the problem we are dealing with todays due to donald trumps presidency. that is why even republicans rushed out and was saying, this in vowing the comment saying we cannot keep, full even how speaker mccarthy was distancing himself from those remarks that donald trump said. all you need ...

Simply bury it in the appropriations process. i dont think they can get away with that this time. paul: kim, it seems to me that the administration could do something like cut a deal with mccarthy, you know, take two or three of his reforms and then they agree and then mccarthy has to sell it back to his members. so put the onus back on him to have to deliver his members. but give him something he can go back and sell. >> well, that would be the smart political move, or paul, not just from the p...

One party or the other. looking for true leadership and someone needs to step forward and make it happen. there is a looming deadline date if were not able to pay our bills and therefore has to get done. >> todd: if we dont solve the debt problem now, stop kicking the can down the road, severe implication from national security to economy to everything, are almost too incomprehensible to imagine. same with the next topic. 20 countries shown interest in joining china and russia anti-dollar allian...