According to market news, the size of the US national debt has exceeded 38 trillion dollars for the first time in history.
The data shows that the size of the US national debt reached 38 trillion dollars for the first time.
The data shows that the size of the US national debt reached 38 trillion dollars for the first time.
Recently, spot gold has continuously refreshed key levels. After falling nearly 2% to the $4,300 mark on October 18, in just one trading day, on October 20, spot gold regained all lost ground and set a new record high again, touching $4381.484 intraday, an increase of 2.46% on the day. What factors have contributed to the recent surge in gold prices? The traditional decline in real interest rates has been used to explain the rise in gold prices. October 18...
On October 17, Li Dawei, a first-level inspector of the Budget Department of the Ministry of Finance and director of the Government Debt Research and Evaluation Center, said that this year, the Ministry of Finance will continue to issue the new local government debt limit in 2026 in advance. There are three main considerations: first, in terms of work progress, hurry up the implementation of relevant procedures and issue the limit as soon as possible; second, in terms of project arrangement, the...
The IMF chief said the global economy was "better than expected" but risks remained, urging countries to "fasten their seat belts". Global public debt is expected to exceed 100% of GDP by 2029. Click to view...
On October 4th, the UK's Financial Conduct Authority (FCA) announced that it will lift the ban on retail investors buying crypto trading platform notes (ETNs) since 2019 from next week, provided that the relevant products are listed and traded on a local UK investment exchange approved by the FCA. Unlike ETFs, ETNs are crypto-linked debt securities and are not backed by physical assets. It is worth noting that the FCA has not lifted the retail ban on crypto ETFs or derivatives simultaneously.
Google-linked cryptocurrency miner TeraWulf plans to strike a $3 billion debt deal to build and operate data centers.
The US Treasury Secretary's sentence "including but not limited to" indicates that there will be no limit to the rescue of Argentina. Currency swaps, direct foreign exchange purchases, and the purchase of US dollar bonds are all available. The market heard the riot, and Argentina's assets soared across the board. Click to view...
The downgrade of France's sovereign rating has exposed the cancer of global debt. At the current peak of currency crises in history, as long as a domino falls, panic will spread. Where should ordinary investors' money go? Click to view...