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Billionaire investor Ken Fisher 'debunks' debt-crisis risk Ray Dalio warned of - borrowings are 'not the problem you think it is'

Tue, 07/18/2023 - 07:49

Ken Fisher — Youtube/Yahoo Finance

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Elon Musk warns there's a growing risk of a US default as the deadline to raise the debt ceiling looms

Wed, 05/10/2023 - 05:36

Elon Musk has brought Twitter to break even through an aggressive approach to management. — Elon Musk.
Susan Walsh/AP

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Treasury Secretary Janet Yellen is warning CEOs about the potentially "catastrophic" fallout from a US debt default

Tue, 05/09/2023 - 10:08

Treasury Sec. Janet Yellen — U.S. Treasury Secretary Janet Yellen speaks during a news conference at the IMF and World Bank Annual Meetings at IMF headquarters, October 14, 2022 in Washington, DC.
Drew Angerer/Getty Images

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The US is heading toward a catastrophic — and avoidable — default. Here's what the debt ceiling is, and why it's so dangerous.

Fri, 05/05/2023 - 13:10

Tech Insider : Economy, Politics

Kevin McCarthy — House Speaker Kevin McCarthy speaks to reporters outside of his office in the US Capitol Building on March 7, 2023 in Washington, DC.
Anna Moneymaker/Getty Images

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US debt limit has seen 78 changes since 1960. This time is likely no different, says Bank of America's wealth management team

Thu, 04/27/2023 - 06:46

congress — A view of the House chamber as the House meets for the third day to elect a speaker and convene the 118th Congress in Washington, Thursday, Jan. 5, 2023.
AP Images

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A US debt default could spark mass unemployment, payment failures, and catastrophe that would raise interest rates 'into perpetuity,' Treasury Secretary Janet Yellen warns

Tue, 04/25/2023 - 13:41

Treasury Sec. Janet Yellen — U.S. Treasury Secretary Janet Yellen speaks during a news conference at the IMF and World Bank Annual Meetings at IMF headquarters, October 14, 2022 in Washington, DC.
Drew Angerer/Getty Images

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'Dr. Doom' economist Nouriel Roubini says the US banking system is in a dangerous position and the Fed can't win no matter what it does with rates

Mon, 03/20/2023 - 09:21

nouriel roubini — Nouriel Roubini
AP Images

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Bank of America CEO Brian Moynihan warns to prepare for a US debt default and a recession that will drag down corporate earnings

Mon, 02/06/2023 - 14:17

Brian Moynihan — Brian T. Moynihan, Chairman and Chief Executive Officer of the Bank of America Corporation, speaks during the Bloomberg Global Business Forum in New York City, September 25, 2019. REUTERS/Shannon Stapleton
Shannon Stapleton/Reuters

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A US debt default or even a near-nonpayment could plunge the economy into recession, top Goldman Sachs economist says

Thu, 01/26/2023 - 06:53

The US Capitol is seen in Washington, DC — The US has hit the $31.4 trillion borrowing limit.
(Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)

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