CBO Director Warns House Panel that Interest on National Debt Could Pose Threat to U.S. Economic Stability

Story by Collins Abia , The Artistree, 2/16/24 SOURCE: https://www.msn.com/en-us/money/markets/cbo-director-warns-house-panel-that-interest-on-national-debt-could-pose-threat-to-u-s-economic-stability/ar-BB1ip8sP?ocid=msedgntp&pc=U531&cvid=c24d2111d82c44f9bd7fd35e5e5aa450&ei=49 The director of the Congressional Budget Office (CBO) warned House lawmakers about the potential threat to…

Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history—and experts say it could cost Americans their homes, spending power and national security

Story by Eleanor Pringle, Forbes, 2/11/24 SOURCE: https://www.msn.com/en-us/money/markets/jamie-dimon-believes-u-s-debt-is-the-most-predictable-crisis-in-history-and-experts-say-it-could-cost-americans-their-homes-spending-power-and-national-security/ar-BB1i6y8l?ocid=msedgntp&pc=U531&cvid=874eb3b6706245d7b53ebffb98f5a4f1&ei=29 EDITORIAL: For more on government fiscal policy and debt, see: Money, Banking, and Credit, Sections 11.4 and…

‘Crisis is assured’: Famed investor Peter Schiff says US rates will remain ‘much higher, forever’ — here’s what that could mean for you

Story by Bethan Moorcraft, Moneywise, 11/29/23 SOURCE: https://www.msn.com/en-us/money/realestate/crisis-is-assured-famed-investor-peter-schiff-says-us-rates-will-remain-much-higher-forever-here-s-what-that-could-mean-for-you/ar-AA1kIGwZ?ocid=msedgntp&cvid=f021420ef1a349c68fb3f083c19ba844&ei=66 American stockbroker and financial commentator Peter Schiff isn’t feeling positive about the U.S. economy. With inflation proving sticky —…

One of Wall Street’s biggest bears says a ‘huge crash’ is coming as markets are in the biggest credit bubble in history

Story by Jennifer Sor, Martkets Insider, 11/13/2023 SOURCE: https://www.msn.com/en-us/money/markets/one-of-wall-street-s-biggest-bears-says-a-huge-crash-is-coming-as-markets-are-in-the-biggest-credit-bubble-in-history/ar-AA1jRGmx?ocid=msedgntp&cvid=d6d06d3b3be34b27aa7c2a7f040ef462&ei=9 One of Wall Street’s most pessimistic hedge fund managers is sounding the alarm for a coming…