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#debt

9 posts8 participants4 posts today

#Baddebt from #unsustainable #consumerism
"Danucha P, secretary-general of #NESDC, said tt in 4Q 2024, #household #debt totalled THB16.4tril, showing a 0.2% growth cf to te same period last year.. largely due to tighter lending stds.. Danucha said 1 issue tt needed to be addressed was Thais' tendency to #consume #luxuriously, which can easily lead to excessive debt.. survey by Mahidol found tt 1 in 3 #Thais prefer to #spend their money on #luxurygoods & #premium services"
bangkokpost.com/business/gener

Bangkok Post · Call for measures to halt surge in bad debtBy Wichit Chantanusornsiri

🇺🇸 **Half of the bond market is US Treasurys. Why it's 'not healthy.'**

_“This is not healthy,” Sløk wrote. “Half of credit issued in the economy should not be going to the government.”_

🔗 usatoday.com/story/money/marke.

#USA #US #UnitedStates #Economy #Economics #Debt #Credit @economics

USA TODAY · Half of the bond market is US Treasurys. Why it's 'not healthy.'By Andrea Riquier

Let’s rewind. In the early 1900s, Argentina was booming—rich in resources, high wages, global admiration. But by mid-century, it spiralled into debt, inflation, and collapse.
Today, Argentina’s currency is worthless. Inflation has topped 100%. Nine defaults later, its people queue at banks in panic.

Sound familiar?
Australia’s debt has exploded from <$60b in 2008 to >$1.1 trillion today—up 1700%. Funded by bonds. Vulnerable to rate hikes.

If you live in Australia, now is the time to get serious about your money, investments and future. The mortgage crisis, tax laws, and cost-of-living squeeze are just the start.

#auspol #economy #inflation #housingcrisis #costofliving #debt #australia #financialliteracy #mortgagecrisis

youtube.com/watch?v=NGPoBXl5Vt8

🇺🇸 **Trump bill set to add trillions to US debt pile – can America stop it climbing?**

“_Economists are concerned, politicians are angry – but the national debt keeps growing, no matter who’s in charge_”

🔗 theguardian.com/business/2025/.

#Debt #Economy #Economics #Politics #USPol #Trump #USA #US #UnitedStates @economics

The Guardian · Trump bill set to add trillions to US debt pile – can America stop it climbing?By Callum Jones