The economy is in a 'rolling financial crisis' as private sector debt balloons, GMO says - Markets Insider

The economy is in a rolling financial crisis, GMO's James Montier said in a recent paper. Montier pointed to rising debt in the US, with the ratio of private debt to GDP above 150% for most of the ... Read More

Household debt skyrockets to highest level since 2008 financial crisis

U.S. household debt jumped to the highest level since the 2008 financial crisis last year as mortgages surged amid high inflation and rising interest rates, according to a new analysis published ... Read More

Amid deepening economic crisis, Cuba tightens rules on fledgling private sector - Reuters

Cuba's booming private businesses braced for impact on Wednesday as the island's communist-run government implemented a raft of new laws aimed at more tightly regulating the private sector amid a ... Read More

How Trump Could Get Us Into a Debt Crisis - The New York Times

In the financial crisis scenario we describe here, widespread failures of financial institutions would reverberate through the economy. In the 2008 financial crisis, Treasury rates fell as ... Read More

China is likely headed for a full-blown financial crisis as its economy is due for wilder swings, market expert says - Business Insider

China's property sector debt limits Beijing's options economic support, ... China is likely headed for a full-blown financial crisis as its economy is due for wilder swings, market expert says. Read More

The Russian war economy is facing a ‘moment of truth’ as Putin’s dwindling cash reserves raise odds of a financial crash, expert says - MSN

Russia’s economy is facing a “moment of truth” as high inflation, an ailing private sector, and critical shortages are poised to constrain Vladimir Putin’s war on Ukraine, according to ... Read More

Cuba ratchets up pressure on private business as economic crisis deepens

Cuba is tightening regulations on fledgling private businesses, reining in profits and beefing up oversight as the government wrestles with how best to manage fast-growing private enterprise in ... Read More

Investor who predicted the 2008 financial crisis says he's 'worried about something worse than a recession' - NBC News

Ray Dalio, the founder of the hedge fund Bridgewater Associates, warned in an interview on NBC News' "Meet the Press" about tariffs, growing debt and other economic and political concerns. Read More

China's Economic Woes Aren't As Dire As They Seem, Economist Says - Business Insider

China's economy isn't doing as bad as it seems, according to economist Nancy Qian. The country's economy is still on track to grow 5% this year, per OECD forecasts. Read More

IMF Lowers Growth Outlook Amid Financial System Tremors - The New York Times

The International Monetary Fund says a painful slowdown, which could include a recession, has become a bigger risk for the global economy. By Alan Rappeport WASHINGTON — The world economy faces ... Read More

How the Student Loan Crisis Will Show Up in the Economy - WSJ - The Wall Street Journal

Millions of Americans suddenly owe billions of dollars in student debt after years of forbearance. What does that mean for everything else? Read More

Here’s what will happen to the economy as the debt ceiling drama deepens

The actual economic impact of the debt ceiling run-up in 2011 is hard to isolate and quantify, Pugliese said, noting how the sluggish US economic recovery also experienced spillover effects from ... Read More