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U.S. government debt now tops $113,000 per person and has doubled in a decade. See where debt burdens are highest across the OECD.
My concern about the government debt is not an economic issue. The U.S. debt held by the pubic is well over $30 trillion. All that financial wealth concentrated in the hands of few...
More than $1 in every $10 of government spending goes to interest in some countries. See where debt costs are taking the biggest bite.
Official data last week showed government debt is just below £3trillion - a milestone it looks set to hit in the coming months - having been £350bn at the turn of the century.
By James E. Hartley, Public Discourse. (Image: Adam Nir/Unsplash) What are the ethical issues surrounding government debt? This is a good time to start taking that question serious...
Donald Smith: Simply evidence that the currency-using sector cannot possess net financial assets (i.e., stored financial claims on real wealth, and thus 'spending in waiting') unle...
<em> "Then impose on that government a rule that if it spends more than it receives in tax revenue, it has to sell debt to private investors on terms that are driven by the g...
JB: Spending money per se is not the problem. So long as the throughput of matter-energy (input of natural resources/output of wastes) mobilised by aggregate spending remains withi...
Over $160 trillion in debt securities were on the market in 2025. Over half were found in just the U.S. and European Union.
@ Matthew, You've lumped both private and public debt together. It's more instructive to separate the two. If there is an observed link between between rising public debt and...
The U.S. national debt has exceeded $40 trillion. Nearly a fifth of this debt is held by just 20 countries.
@ Donald, @ Philip, <em> "Two Centuries of Warning About the National Debt” "Simply evidence that the currency-using sector cannot possess net financial assets (i.e.,...
Bill, I agree with nearly everything you've said in your OP. You haven't, though, mentioned the possible effect of a ZIRP on the exchange rate. I would imagine that all gove...
I have already noted one response to my video about £3 trillion of national debt, posted yesterday. That was on YouTube polls, where 4,900 people Read the full article...
Japan leads on government debt at 195% of GDP, Switzerland on household debt at 123%, and Luxembourg on corporate debt at 359%.
I posted polls posing the question in the title of this post, both on this blog and on YouTube, yesterday. I provided the right answer Read the full article...
France's public debt has reached record levels during Emmanuel Macron's presidency, causing concern ahead of next year's election
Despite years of economic growth and falling unemployment, overdue debt owed by Greek households and businesses has climbed to €238.6 billion, equivalent to 96.1% of the country’s...
The national government’s outstanding debt climbed again to a fresh record high of P19.39 trillion as of end-July, driven by new borrowings and the continued depreciation of the pe...
MANILA, Philippines — The Philippine government’s outstanding debt rose to a record P19.61 trillion in August, nearing its full-year target as continued borrowing and the weaker pe...
Think tanks funded by private capital elites all are behind the narrative that deficits must be paid by issuing treasury bonds. Who gains? Money markets aka Wall St. Do people act...
US sovereign debt currently stands at nearly $40.4 trillion
Dear CS, <em> "Doing things means public debt increases. So nothing can be done. Why do intelligent people persist in this mass delusion? " </em> It doesn't act...
Can I recomend a read of the UK Commons Treasury Select Committee (March 2000). https://publications.parliament.uk/pa/cm199900/cmselect/cmtreasy/154/154ap08.htm Search for the p...
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