My economy diary: US debt hits $40 trillion milestone
I just saw the US debt cross $40 trillion and it feels like a cliff for the economy.
Cowlpane has published 8 articles on fiscal policy — primarily in Economy, Trading , with coverage from 2026. Sourced from global financial publications.
I just saw the US debt cross $40 trillion and it feels like a cliff for the economy.
When debt doubles in a decade, Treasury yields climb, squeezing bond investors and raising mortgage rates for homeowners.
Record government spending in July pushes the US deficit to its highest level since 2021, complicating the Federal Reserve's inflation fight.
The Prime Minister admits current relief measures fall short, signaling a potential fiscal expansion that could complicate the Bank of England's inflation fight.
Weak consumer spending and cooling producer prices force Beijing to consider aggressive fiscal spending to combat a two-speed economy.
Rising climate risks and budget deficits force European states toward aggressive nationalization and massive agricultural subsidies.
The US government returns 60% of all tariff revenue collected under 'Liberation Day' policies, potentially fueling a massive consumer spending surge.
Shifting health financing models force emerging economies to prioritize domestic tax revenue over foreign grants, altering sovereign debt profiles.