US debt will become unsustainable and trigger default in about 20 years, if it stays on current path

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The Capitol building is seen through the American flags in Washington DC on October 20, 2022.
The Capitol building is seen through the American flags in Washington DC on October 20, 2022.

Jakub Porzycki/NurPhoto/Getty Images

Rising interest rates means the cost of US debt will hit a new peak by 2025, Goldman Sachs says

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us capitol government shutdown 2018
Total interest payments on the US debt could amount to $10.6 trillion over the next decade, per one analysis.

Associated Press/Carolyn Kaster

Bond vigilantes may be waking up as the US deficit balloons - and that's a threat to stocks and the economy, market vet says

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Ed Yardeni
Ed Yardeni on CNBC.

CNBC

China Evergrande has had a wild ride on the stock market in the 3 weeks since trading was resumed

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China Evergrande property development
China's real-estate market is in a crisis.

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China's $10 trillion hidden debt mountain could be the 'ticking time bomb' that Joe Biden warned of

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Chinese surveillance camera
The Chinese national flag flies behind security cameras on Tiananmen Square on June 4, 2012 on the 23rd anniversary of China's crackdown of democracy protests in Beijing.

ED JONES/AFP via Getty Images

'Mind-blowing' US debt binge amid high interest rates is threatening financial stability, Larry McDonald says

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Larry McDonald

Larry McDonald/The Bear Traps Report

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