U.S. Government

Here’s Why So Many Americans Feel Cheated By Their Student Loans

A social and financial divide is forming — between those who have student debt, and those who do not — that will have ramifications for decades to come. https://www.buzzfeednews.com/article/annehelenpetersen/student-debt-college-public-service-loan-forgiveness

International

Debt, Not Trade War, Is China’s Biggest Problem

But there are some unofficial estimates. Like one from the Institute of International Finance (IIF) last week, which place China’s debt to GDP at 300%! https://www.forbes.com/sites/panosmourdoukoutas/2018/11/24/debt-not-trade-war-is-chinas-biggest-problem/#57963344c4d0

International

The $247 trillion global debt bomb

The untold story of the world economy — so far at least — is the potentially explosive interaction between the spreading trade war and the overhang of global debt, estimated at a staggering $247 trillion. […]