Debts 03 - Govt etc (Feb 24 - Dec 26)

[behappyalways]

Greece Still Has The Highest Debt-To-GDP In Europe; Bulgaria The Lowest
https://www.zerohedge.com/economics/gre ... ria-lowest

[behappyalways]

But everything's fine, nothing to worry about.
https://x.com/duediligenceguy/status/19 ... 1841128907

[winston]

Goldman Sachs CEO Solomon warns of a US 'reckoning' on government debt

Concerns that mounting U.S. government debt will pose more of a problem if the economy does not grow faster.

The U.S. economy has been in pretty good shape, minimizing chances of a recession in the near term, Solomon said.

Despite concerns about the U.S. dollar's role weakening in the economy, he does not see its status eroding as the global reserve currency.

"When you get around the world, and you look at all the capital flows around the world, global allocators, 50 percent of their capital is coming into the U.S.," he said.

"They might be hedging the dollar a little bit differently now than they might have been for the last few years, but I think it's more at the margin... it's something to watch. But I'm not concerned that there's some fundamental shift."

Source: Reuters

https://www.thestandard.com.hk/market/article/315632/

[behappyalways]

Visualizing The World's $111 Trillion In Government Debt In One Giant Chart
https://www.zerohedge.com/markets/visua ... iant-chart

[winston]

by behappyalways:-

US margin debt jumped +$57.2 billion in October, to a record $1.2 trillion.

https://x.com/KobeissiLetter/status/1993770317689344470

[winston]

World Bank says global debt interest payments hit record US$4.15 trln in 2024

Global interest payments on debt reached a record US$4.15 trillion (HK$32.37 trillion) in 2024 despite a downward trend in worldwide interest rates,

Highlighted a US$741 billion gap between debt service costs and new financing for developing countries from 2022 to 2024.

Source: The Standard

https://www.thestandard.com.hk/wealth-a ... le/318486/

[behappyalways]

China's Real Estate Collapse Sends Local Debt To Record $18.9 Trillion
https://www.zerohedge.com/markets/china ... 9-trillion

[winston]

China’s risky shadow banks back in spotlight after Beijing’s debt crackdown

Entities owned by local governments are borrowing billions from trust companies and leasing firms at rates of 8 per cent or higher, sources say

China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces, to tap costly credit from non-bank lenders, a stopgap that is increasing risk in an opaque corner of the financial system.

The borrowing marks a return of China’s shadow-banking market, which is more loosely regulated than traditional lenders and had been reined in over the past few years in a bid to reduce risk.

Since September, industrial investment arms and financing platforms owned by local governments in provinces including Shandong, had borrowed billions of dollars in total from trust companies and leasing firms, according to people familiar with the matter.

The rates charged were 8 per cent or higher – more than triple the cost of borrowing in the bond market, the people said, asking not to be identified discussing private information.

Financial institutions that make up China’s shadow banking system are willing to extend the funding partly because they’re short of assets in a low-rate environment.

Source: SCMP

https://www.scmp.com/business/banking-f ... pe=section

[behappyalways]

The US debt crisis is entering uncharted territory
https://x.com/KobeissiLetter/status/1998129185374810539

[behappyalways]

Margin Debt increased +42% in the past 7 months. Investors went all-in.
https://x.com/SubuTrade/status/2001320385212465226