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Key Points:Goldman Sachs warns about unsustainable U.S. debt levels and fiscal risks.Interest on debt to surpass Medicare and defense spending.Potential GDP contraction and hyperinflation cited as risks.
Goldman Sachs has raised…
A version of this newsletter was originally published on lynalden.com.This newsletter issue analyzes three common misconceptions about the US federal debt and deficits.The ongoing nature of the deficits has several…
In brief
SkyBridge Capital's Anthony Scaramucci criticized companies that issue debt to buy Bitcoin for their corporate treasuries, calling it a risky trend that could hurt Bitcoin when it goes out…
U.S. Treasury Secretary Scott Bessent recently said that stablecoins could play a big role in reducing the national debt. In a recent post on X, he said as the stablecoin…
Key takeaways:President Trump’s One Big Beautiful Bill could add over $2.4 trillion to the US debt, accelerating a looming debt crisis and spiking inflation.Inflation and dollar devaluation remain the path…
The BRICS alliance has catalyzed a significant shift away from US dollar debt and toward RMB bonds, and at the same time, Japan buys Russian oil despite various major international…
Key Points:Profound risks due to the unresolved debt ceiling issue.Potential shifts in U.S. fiscal policy amid debt default fears.Cryptocurrencies may gain as alternative hedges in financial strains.
The U.S. Treasury has…
Guggenheim Treasury Services, part of the major U.S. investment company Guggenheim Capital, has launched a new financial product called Digital Commercial Paper (DCP) on Ripple’s XRP Ledger.This product allows institutional…
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