The International Monetary Fund slashed its economic forecasts once again on Wednesday and warned that public finances will deteriorate significantly as governments attempt to combat […]
Tag: debt
Should the U.S. refuse to pay back its $1 trillion debt to China?
The recent intensification of President Donald Trump’s hard line on China has included a wide-ranging grab bag of policies and proposals that touch on everything […]
First came a pandemic. Then, looting. Small businesses pick up the pieces as their debt mounts.
Salih Mothana came home so quietly after he surveyed the damage to his small grocery store in Chicago that his family had no idea their […]
A dozen years after the 2008 recession, a different kind of debt threatens the world economy
The coronavirus is threatening the global economy and financial markets. But so is another, less obvious peril — the mountain of risky debt issued by […]