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US Adds $5.2 Billion Per Day To Its Ballooning Debt Pile, Which Is Now $101,240 Per Citizen — Economist Warns 'Net Interest Payments On The Debt Are Expected To Surpass Defense Spending' - Vimarsana News

US Adds $5.2 Billion Per Day To Its Ballooning Debt Pile, Which Is Now $101,240 Per Citizen — Economist Warns 'Net Interest Payments On The Debt Are Expected To Surpass Defense Spending'

Alarm bells are sounding as the U.S. debt surpassed $34 trillion at the start of 2024. This translates to an average of approximately $259,000 per household and $101,240 per person, according to real-time data from the site USDebtClock.org. Those figures bring the enormity of the debt into a more tangible perspective for American families. The government’s spending dynamics are shifting in a worrying direction. The impact of the debt is profound, as highlighted by insights from experts and analy

Source: yahoo.com
Bond-Market Crash: 4 Charts Showing Why the US's Debt Mountain Is a Factor - Vimarsana News

Bond-Market Crash: 4 Charts Showing Why the US's Debt Mountain Is a Factor

Concerns about the deficit have fueled the Treasury-bond market meltdown of the past few weeks. These charts show why Wall Street is worried.

The US's massive debt pile is fueling the bond-market crash. These 4 charts tell the story. - Vimarsana News

The US's massive debt pile is fueling the bond-market crash. These 4 charts tell the story.

Concerns about the deficit have fueled the Treasury-bond market meltdown of the past few weeks. These charts show why Wall Street is worried.

Source: yahoo.com
The US debt mountain is growing so fast the government could soon be spending more on interest payments than on defense - Vimarsana News

The US debt mountain is growing so fast the government could soon be spending more on interest payments than on defense

The US's ballooning debt burden could eventually chip away at the demand for Treasury bonds, according to Capital Group.

Source: yahoo.com
Wall St update: S&P 500 flirts with correction for 5th time on rate hike worries - Vimarsana News

Wall St update: S&P 500 flirts with correction for 5th time on rate hike worries

All three indexes are set for their fourth straight weekly fall, with the S&P 500 tracking its longest losing streak since Sept 2020.