Debts 02 - Govt etc (Nov 16 - Dec 24)

[behappyalways]

Household Debt Tops $17.5 Trillion And Americans Are Feeling The Strain
https://www.zerohedge.com/political/hou ... ing-strain

[winston]

Fugitive thief of global debt is now a potential killer

The mountain of global debt is of particular concern because of the sharp series of interest rate increases in the US

The threat that debt levels in different sectors of the economy pose to financial markets should be more clearly communicated

by Anthony Rowley

Financial crises have a way of creeping up on the world like a thief in the night and they come from different causal directions.

The next one is very likely to come from debt problems – unless beaten to it by a stock market crash – and it is already close on our heels.

It may not appear that way because global debt has been mounting for decades and life goes on. But the nature of the debt threat has changed relatively recently along with rising interest rates and the figurative “thief” is now a potential killer.

Source: SCMP

https://www.scmp.com/comment/opinion/wo ... 8c9ebd52b6

[winston]

The U.S. national debt is rising by $1 trillion about every 100 days

The debt load of the U.S. is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days.

The nation’s debt permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark on Dec. 29, according to data from the U.S. Department of the Treasury.

It reached $33 trillion on Sept. 15, 2023, and $32 trillion on June 15, 2023, hitting this accelerated pace.

Before that, the $1 trillion move higher from $31 trillion took about eight months.

Source: CNBC

[behappyalways]

Global government debt is a record $82 trillion:
up $20 trillion since Covid
up $50 trillion since Lehman
... and up 7x this century in under 25 years!
https://twitter.com/zerohedge/status/17 ... 5306374569

[behappyalways]

US debt is rising by $1 trillion every 3 months... and US interest expense is rising by $100 billion every 4 months.
https://twitter.com/zerohedge/status/17 ... 9597544632

[winston]

US$10t of US Bonds due in 2024

The bottom line is that someone will need to buy more than $10 trillion in US government bonds in 2024. That is more than one-third of US government debt outstanding. And more than one-third of US GDP.

This may be a particular challenge when the biggest holders of US Treasuries, namely foreigners, continue to shrink their share…

More fundamentally, interest rate-sensitive balance sheets such as households, pension, and insurance have been the biggest buyers of Treasuries in 2023, and the question is whether they will continue to buy once the Fed starts cutting rates.

Source: Investor Place

[behappyalways]

Margin Debt Surges As Bulls Leverage Bets
https://www.zerohedge.com/markets/margi ... erage-bets