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US Faces 'Death By A Thousand Cuts' As National Debt Tops $36 Trillion, Cautions Deutsche Bank: '...The Drip, Drip, Drip Of Poor Fiscal News Building Up...'
Wednesday, May 21, 2025 - 3:09am | 684The U.S. economy is facing a potential crisis as the national debt continues to rise, sparking concerns among economists and analysts. What Happened: Deutsche Bank’s Jim Reid expressed his concerns about the U.S. fiscal situation. He described it as experiencing a “death by a thousand...
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SEC Investigating S&P's Downgrade of U.S. Debt
Tuesday, August 16, 2011 - 6:50am | 234Officials at the Securities and Exchange Commission are investigating the downgrade of U.S. government debt by Standard & Poors, according to people familiar with the matter. The regulator is checking to confirm that S&P followed all of its own policies. Under new financial legislation,...
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U.S. Debt Downgrade Weighs on Asian and European Markets
Monday, August 8, 2011 - 6:37am | 205The turmoil surrounding Standard & Poor's decision Friday to downgrade the U.S. government's debt rating to AA+ from AAA weighed on global markets Monday, with equities around the world tumbling. Asian markets closed much lower of the session, with Japan's Nikkei index falling 2.18% and China'...