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CBS News

Trump's tweets about NFL, Puerto Rico debt draw ire as island crippled by Hurricane Maria
ABC News
President Trump took a break on Monday from tweeting about the controversy over NFL player protests to talk about Puerto Rico's financial woes, but critics say the president's message is off-base as the island faces widespread devastation. In his first ...
As humanitarian crisis unfolds in Puerto Rico, Trump tweets about island's "massive debt"CBS News
Storms complicate Puerto Rico's debt problemsBBC News
Puerto Rico Pleads for Storm Relief; Trump Cites Debt TroublesBloomberg
U.S. News & World Report -Reuters
all 1,893 news articles »


USA TODAY

San Juan mayor on Trump tweets: 'You don't put debt above people'
USA TODAY
San Juan Mayor Carmen Yulín Cruz on Tuesday lauded FEMA efforts in hurricane-battered Puerto Rico and dismissed President Trump's tweets about the nation's massive debt as unrelated to the island's deepening humanitarian crisis. "Make no mistake ...
Trump Reminds Disaster-Stricken Puerto Rico It Holds “Massive DebtVanity Fair
Donald Trump Finally Tweets About Puerto Rico: “Broken Infrastructure, Massive DebtDeadline
Trump Hits Puerto Rico For 'Broken Infrastructure & Massive Debt ...HuffPost
U.S. News & World Report -TPM -Twitter
all 105 news articles »


How Low Does Valeant Pharmaceuticals' Debt Really Need to Go?
Motley Fool
There's as much of a chance that Valeant Pharmaceuticals (NYSE:VRX) wipes out its debt of nearly $28.5 billion anytime soon as there is of Donald Trump receiving a birthday present from football player Colin Kaepernick. Or vice versa. But it's a ...

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U.S. News & World Report

The Great Debt Ceiling Show
U.S. News & World Report
The curtain has closed on the latest performance of the Debt Ceiling Show. This was the 80th time Congress raised the debt limit since 1960. Over the years, Congress and the presidency, Democrats and Republicans have changed roles in this farce, but ...
Missed opportunity to use health care, tax policies to stop debt growthThe Hill (blog)

all 4 news articles »


Hartford Courant

Bronin Resists Offer to Refinance Debt as City Considers ...
Hartford Courant
Mayor Luke Bronin said he was open to restructuring the troubled city's debt, but would stray from any proposal that burdens future leaders with escalating ...

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New York Times

As China Piles on Debt, Consumers Seek a Piece of the Action
New York Times
To be clear, most economists consider China's consumer credit splurge to be a good thing. Chinese families are nowhere near the borrowing levels of spendthrift Americans, whose household debt is equal to more than three-quarters of the annual economic ...



BBC News

Bank of England sounds alarm on debt bubble risks
BBC News
Lenders are underestimating the hit they would take from consumers defaulting on debt in a downturn, according to the Bank of England. The Bank's Financial Policy Committee (FPC) said there were "pockets of risk" in the current level of lending on ...
The Bank of England says UK banks have fundamentally misjudged the quality of British consumer debt and might be ...Business Insider
Bank of England warns a consumer debt crisis could cost banks £30bnThe Guardian
Banks must put aside £10billion for household debtExpress.co.uk
Telegraph.co.uk -The Scotsman
all 65 news articles »


Reason

Why We Need To Shrink the National Debt, And Fast!
Reason
It was big news when our national debt recently passed the $20 trillion mark. What's less understood is exactly why having such a massive debt is a bad thing. The short answer is that too much debt slows economic growth, reducing living standards.

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Stock Market's New Threat Is Record Margin Debt
Investopedia
Market analysts are becoming increasingly concerned about current levels of margin debt, the Wall Street Journal reports. These loans that use stocks as collateral tend to accelerate market downturns, since borrowers typically are forced to sell when ...



$20 Trillion National Debt Is Not A Plus For The Market
Seeking Alpha
Studies show that when a country's debt reaches an elevated level, it is unable to sustain its long-term secular growth rate. They also suggest that additional fiscal policy measures, intended to augment economic growth but are accomplished by ...


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