The Biden administration is launching a beta website for its new income-driven student loan repayment plan Sunday. https://abc7chicago.com/biden-student-debt-loan-repayment-plans-income-driven/13573949/

Which country is in the most debt?

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Keynes would’ve loved this one.

Sources:
https://www.imf.org/external/datamapper/CG_DEBT_GDP@GDD/CHN/FRA/DEU/ITA/JPN/GBR/USA
https://www.visualcapitalist.com/global-debt-to-gdp-ratio/
https://www.cbo.gov/publication/58888
https://www.mof.go.jp/english/policy/budget/budget/fy2022/01.pdf
https://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country
https://www.imf.org/-/media/Files/Conferences/2022/12/2022-12-12-global-debt-monitor.ashx
https://www.thebalancemoney.com/who-owns-the-u-s-national-debt-3306124
https://www.cnbc.com/2012/01/31/The-Biggest-Holders-of-US-Government-Debt.html#:~:text=Social%20Security%20Trust%20Funds&text=The%20largest%20portion%20of%20U.S.,Security%20Trust%20Fund%20or%20OASDI.
https://www.statista.com/statistics/756192/japanese-government-bonds-by-type-of-holders/
https://www.reuters.com/markets/asia/japans-debt-time-bomb-complicate-boj-exit-path-2023-02-10/

https://tradingeconomics.com/country-list/rating
https://www.reuters.com/business/finance/argentinas-new-imf-deal-pushes-default-fears-down-road-2022-03-04/
https://www.fdiintelligence.com/content/news/the-imfs-top-10-biggest-debtors-81405
https://www.imf.org/external/np/fin/tad/balmov2.aspx?type=TOTAL
https://www.imf.org/en/Countries/ARG#countrydata
https://www.bangkokpost.com/business/1827229/argentinas-national-pastime-hating-on-the-imf

https://www.irishtimes.com/opinion/2023/01/25/paul-krugman-does-america-have-too-much-debt/
https://www.investopedia.com/articles/investing/070115/understanding-downfall-greeces-economy.asp
https://equitablegrowth.org/must-read-paul-krugman-debt-good/
https://www.nbcnews.com/id/wbna43600432
Crashed – Adam Tooze

http://piketty.pse.ens.fr/files/Henochsberg2016.pdf
https://www.imf.org/external/np/fin/tad/extarr2.aspx?memberKey1=400&date1key=2012-03-31

https://www.cato.org/cato-journal/fall-2021/impact-public-debt-economic-growth#studies-that-explore-the-existence-of-a-nbsp-threshold
https://debtjustice.org.uk/press-release/sixty-four-countries-spend-more-on-debt-payments-than-health
https://www.eurodad.org/outofservice_press
https://www.brookings.edu/articles/odious-debt-when-dictators-borrow-who-repays-the-loan/
https://www.piie.com/microsites/greek-debt-crisis-no-easy-way-out
https://www.federalreservehistory.org/essays/latin-american-debt-crisis
https://policydialogue.org/files/publications/papers/The_Latin_American_Debt_Crisis_in_Historical_Perspective_Jos_Antonio_Ocampo.pdf
https://www.amnesty.org/en/latest/campaigns/2023/06/on-zambia-health-and-public-debt-alternatives-to-austerity/#:~:text=Between%202018%20and%202021%2C%20debt,2018%20to%208%25%20in%202022.
https://www.businessinsider.in/finance/news/highest-sovereign-defaults-in-2022-two-in-2023-moodys/articleshow/99490791.cms

https://www.newyorker.com/news/john-cassidy/the-reinhart-and-rogoff-controversy-a-summing-up

In this video, we delve into the alarming trend of record-breaking U.S. credit card debt. As debt levels reach all-time highs, we question the potential impact on the country’s economic stability. We explore the causes behind this surge, analyze its implications, and discuss potential solutions.

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As America’s government hits the debt ceiling, US politics has become a multi-trillion dollar game of chicken. If neither side backs down, America could default on its debts for the first time in history, sparking global economic turmoil. What is the debt ceiling, and how can this crisis be resolved?

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Americans are racking up all-time high levels of credit card debt. Ted Rossman, senior industry analyst for CreditCards.com, has tips if you’re struggling with high balances.

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Jen Psaki, former White House press secretary, and Peter Baker, chief White House correspondent for The New York Times, talk with Alex Wagner about what was accomplished by both parties as the House passes the debt ceiling bill, sending it to the Senate, and what President Biden might do to avoid having to deal with a Republican debt ceiling stunt in a potential second term. 
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