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#national debt

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Economy

India's govt debt profile deemed safe and prudent: FM Sitharaman

Sitharaman raised concerns over comparisons made solely on absolute numbers without considering the GDP growth, which forms the basis of debt calculations. "Many times absolute numbers have been compared without considering the GDP growth on which the debt calculations are based," she stated.

News Arena Network May 14 2024

Economy

CEO Elon Musk sounds alarm on US bankruptcy risk, says 'Overspending must stop"

"This is an amazing number to watch in the next few years," commented @WallStreetSilv. "We are not that far off from a day when 100% of individual income taxes are going to be required to pay for interest on the debt."

Mar 13 2024

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