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BBC News

Storms complicate Puerto Rico's debt problems
BBC News
Puerto Rico's more than $70bn in debt is casting a shadow over recovery efforts on the Caribbean island, which was badly destroyed by Hurricane Maria. Puerto Rican Governor Ricardo Rosello, who is seeking federal funds, warned of a "massive exodus" ...
As humanitarian crisis unfolds in Puerto Rico, Trump tweets about island's "massive debt"CBS News
Trump's tweets about NFL, Puerto Rico debt draw ire as island crippled by Hurricane MariaABC News
Feds Rush Aid to Puerto Rico, While Trump Tweets About DebtU.S. News & World Report
TIME
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USA TODAY

San Juan mayor on Trump tweets: 'You don't put debt above people'
USA TODAY
San Juan Mayor Carmen Yulín Cruz on Tuesday lauded FEMA efforts in hurricane-battered Puerto Rico and dismissed President Trump's tweets about the nation's massive debt as unrelated to the island's deepening humanitarian crisis. "Make no mistake ...
Donald Trump Finally Tweets About Puerto Rico: “Broken Infrastructure, Massive DebtDeadline
Trump Hits Puerto Rico For 'Broken Infrastructure & Massive Debt ...HuffPost
Donald J. Trump on Twitter: "Texas & Florida are doing great but Puerto Rico, which was already suffering from ...Twitter

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U.S. News & World Report

The Great Debt Ceiling Show
U.S. News & World Report
The curtain has closed on the latest performance of the Debt Ceiling Show. This was the 80th time Congress raised the debt limit since 1960. Over the years, Congress and the presidency, Democrats and Republicans have changed roles in this farce, but ...
Missed opportunity to use health care, tax policies to stop debt growthThe Hill (blog)

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Hartford Courant

Bronin Resists Offer to Refinance Debt as City Considers ...
Hartford Courant
Mayor Luke Bronin said he was open to restructuring the troubled city's debt, but would stray from any proposal that burdens future leaders with escalating ...

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New York Times

As China Piles on Debt, Consumers Seek a Piece of the Action
New York Times
To be clear, most economists consider China's consumer credit splurge to be a good thing. Chinese families are nowhere near the borrowing levels of spendthrift Americans, whose household debt is equal to more than three-quarters of the annual economic ...



BBC News

Bank of England sounds alarm on debt bubble risks
BBC News
Lenders are underestimating the hit they would take from consumers defaulting on debt in a downturn, according to the Bank of England. The Bank's Financial Policy Committee (FPC) said there were "pockets of risk" in the current level of lending on ...
The Bank of England says UK banks have fundamentally misjudged the quality of British consumer debt and might be ...Business Insider
Bank of England warns a consumer debt crisis could cost banks £30bnThe Guardian
Banks must put aside £10billion for household debtExpress.co.uk
Telegraph.co.uk -The Scotsman
all 60 news articles »


AOL

Trump says Puerto Rico in trouble after hurricane, debt 'must be dealt with'
AOL
WASHINGTON, Sept 25 (Reuters) - U.S. President Donald Trump said on Monday Puerto Rico is in "deep trouble" after being hit by Hurricane Maria and that its billions of dollars of debt to the Wall Street and banks "must be dealt with." "Puerto Rico ...

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Reason

Why We Need To Shrink the National Debt, And Fast!
Reason
It was big news when our national debt recently passed the $20 trillion mark. What's less understood is exactly why having such a massive debt is a bad thing. The short answer is that too much debt slows economic growth, reducing living standards.

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Stock Market's New Threat Is Record Margin Debt
Investopedia
Market analysts are becoming increasingly concerned about current levels of margin debt, the Wall Street Journal reports. These loans that use stocks as collateral tend to accelerate market downturns, since borrowers typically are forced to sell when ...



The Boston Globe

Jimmy Kimmel to Susan Collins: 'We are all in your debt'
The Boston Globe
Late-night TV host Jimmy Kimmel reached out to US Senator Susan Collins on Twitter, after Collins said Monday that she wouldn't back the latest attempt to repeal Obamacare. Kimmel has emerged in recent months as an outspoken advocate for expanding ...

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