The hottest Debt Substack posts right now

And their main takeaways
Category
Top U.S. Politics Topics
Chartbook β€’ 300 implied HN points β€’ 17 Jan 25
  1. Primary dealers in finance are facing tough times managing a huge amount of government debt, which is pushing $50 trillion. This could change how they operate and their importance on Wall Street.
  2. There is a growing trend of people trading traditional currency for Bitcoin, indicating a shift in how we think about money. This could lead to big changes in the financial landscape.
  3. The concept of a 'nightmare underground' suggests that there are hidden issues or challenges in the financial world that need to be addressed. Recognizing these problems is essential for understanding the bigger picture.
COVID Reason β€’ 237 implied HN points β€’ 14 Oct 24
  1. China had a huge economic boom driven by global demand for its products, creating an illusion of strong governance.
  2. The 2008 global crisis revealed China's vulnerabilities, leading to rising debt and a focus on real estate to cope with slowed growth.
  3. Now, China's heavy debt and real estate issues are growing problems, signaling a decline in globalization that previously supported its economy.
Chartbook β€’ 429 implied HN points β€’ 01 Jan 25
  1. FRED is an important economic tool that helps track data over time, starting in the 1960s with economist Homer Jones. It shows how data can help understand the economy better.
  2. Africa is facing significant debt challenges, and awareness of these issues is crucial for global economic stability. It highlights the financial struggles many countries are experiencing.
  3. The connection between copper and art in airports showcases how different economic sectors can intersect. It's interesting to see how materials and art affect spaces we use every day.
CalculatedRisk Newsletter β€’ 129 implied HN points β€’ 09 Jan 25
  1. There won't be a big drop in home prices because most people aren't selling under distress like before. Homeowners are in a better position now with more equity and low-rate mortgages.
  2. Mortgage debt is increasing, but not alarmingly. The current lending standards are stricter than during past bubbles, so it's less risky.
  3. Many new mortgages are going to borrowers with strong credit scores. This means that lending practices are healthy and borrowers are more qualified.
Chartbook β€’ 271 implied HN points β€’ 19 Dec 24
  1. Inflation can have positive effects on the economy. It's important to understand how it can sometimes benefit different sectors.
  2. The Warhammer gaming franchise is linked to the British economy in interesting ways. It shows how cultural phenomena can impact financial trends.
  3. There has been a rise in the rate of Cesarean births, often referred to as a boom. This trend raises questions about healthcare practices and preferences.
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Chartbook β€’ 500 implied HN points β€’ 27 Nov 24
  1. There have been 573 bank failures in the US, which is a significant number. This may affect the economy and people's trust in banking.
  2. Gas-powered trucks are still widely used, indicating ongoing reliance on fossil fuels. This might have implications for environmental discussions and policies.
  3. The Suriname debt crisis and struggles in Colombia show that economic challenges are not only local but also global. These situations need attention and understanding from a broader perspective.
PETITION β€’ 1002 implied HN points β€’ 15 Jan 24
  1. The article discusses recent bankruptcy cases involving companies like Wesco Aircraft Holdings Inc. and Instant Brands Acquisition Holdings Inc.
  2. The bankruptcy cases highlighted the complex interactions between lenders and debtors, showcasing the challenges and strategies involved in negotiations.
  3. Key themes in the cases include asset stripping, liability management, regulatory approval challenges, and the role of different parties in bankruptcy proceedings.
Sinocism β€’ 923 implied HN points β€’ 24 Oct 23
  1. PRC ships rammed Philippine vessels in South China Sea, escalation of crisis at Second Thomas Shoal
  2. Wang Yi visiting US, part of effort to have Xi Jinping attend APEC in San Francisco and meet with Biden
  3. Intensifying spy war between US and China, with recent revelations of alleged US spies and Five Eyes discussing threats from China
Geopolitical Economy Report β€’ 558 implied HN points β€’ 13 Jan 24
  1. Debt has surged globally due to neoliberal economics, leading to countless crises.
  2. The Federal Reserve's actions focus on bailing out the financial sector, even when it doesn't benefit the economy at large.
  3. The US economy is heavily dominated by finance, insurance, real estate, military, pharma, and tech sectors, all characterized by high levels of monopoly and rent-seeking behaviors.
The Dollar Endgame β€’ 938 implied HN points β€’ 08 Jul 23
  1. The U.S. national debt is skyrocketing due to increased government spending, tax cuts, and economic events like the COVID-19 pandemic, leading to a staggering $32.47 trillion in debt and a rapid increase of over $1 trillion in just 34 days.
  2. As the U.S. debt continues to grow, the country is possibly entering a debt spiral where borrowing becomes necessary to fulfill existing financial obligations, potentially leading to an annual interest payment of $1.6 trillion at a 5% rate and putting the nation at risk of financial instability.
  3. Rising interest rates and debt levels could push the U.S. Treasury towards insolvency, with potential consequences including inflation and the need for severe fiscal austerity measures to mitigate the crisis, a situation further complicated by complex economic feedback loops.
Bitcoin Magazine Pro β€’ 432 implied HN points β€’ 09 Feb 24
  1. Genesis won a court ruling to sell millions of GBTC shares, aiming to reimburse creditors and stabilize Bitcoin's price.
  2. A large sale of GBTC triggered a market decline for both GBTC and Bitcoin in the past, causing concerns within the Bitcoin community.
  3. Despite legal disputes and setbacks, Genesis is moving forward with plans to sell GBTC to settle debts, potentially impacting Bitcoin's valuation.
The Dollar Endgame β€’ 758 implied HN points β€’ 30 May 23
  1. The debt ceiling is a legal cap on how much money the US government can borrow to pay for its expenses. It's a self-imposed limit to control borrowing.
  2. A US debt default would have severe global consequences like loss of confidence in US financial stability, spike in interest rates, and turmoil in financial markets.
  3. The recent debt limit deal promises two years of complete debt limit suspension until 2025, new spending caps, and potential removal of budgetary limits on government spending post-2025.
cryptoeconomy β€’ 707 implied HN points β€’ 08 Jul 23
  1. There are 3 ways to escape the fiscal crisis: reduce spending, raise taxes heavily, or resort to printing more money.
  2. The increasing debt and interest payments are approaching unsustainable levels, potentially leading to historic inflation rates.
  3. Regardless of the chosen path, the final destination seems to be inflation as the most likely outcome of the fiscal crisis.
Dan Davies - "Back of Mind" β€’ 294 implied HN points β€’ 09 Feb 24
  1. Bankruptcy rules differ for individuals and corporations, with implications for creditors and stakeholders.
  2. Bankruptcy can have significant economic consequences, especially for employees, suppliers, and other parties dependent on the company's operations.
  3. Some companies without operations can exploit bankruptcy laws to avoid liabilities, highlighting issues with the limited liability system.
CalculatedRisk Newsletter β€’ 43 implied HN points β€’ 13 Nov 24
  1. Mortgage originations are showing different trends based on credit scores compared to the years before the housing bubble. This means people's borrowing habits and qualifications might have changed significantly.
  2. Delinquencies on mortgages are increasing, which suggests that more people might be having trouble making their payments lately.
  3. Foreclosures are still low, meaning that even though some people are struggling to pay, many still manage to keep their homes and avoid losing them.
QTR’s Fringe Finance β€’ 38 implied HN points β€’ 15 Nov 24
  1. Biden's spending policies are causing high inflation and soaring public debt. This is leading to economic instability and a potential recession.
  2. Job growth is largely coming from government positions, while the private sector struggles to grow. This could harm the overall economy in the long run.
  3. Cutting government spending may hurt the economy temporarily, but supporting the private sector and reducing inflation could lead to a more stable future for American citizens.
Geopolitical Economy Report β€’ 318 implied HN points β€’ 19 Dec 23
  1. Neoliberalism continues to evolve and adapt, with different variations over the decades.
  2. Debt has played a significant role in the rise of neoliberalism, with exponential growth especially in the neoliberal era.
  3. The current global dynamics reflect a new Cold War, where neoliberalism faces off against alternative economic models represented by countries like China and Russia.
Maximum Progress β€’ 412 implied HN points β€’ 01 Nov 23
  1. Government intervention is effective in correcting externalities because it has a stake in the outcome.
  2. Governments struggle to address long-term externalities because they focus on short-term goals and lack incentives for future outcomes.
  3. Markets can incentivize individuals to consider future consequences, making them potentially more effective than governments in addressing temporal externalities.
Geopolitical Economy Report β€’ 458 implied HN points β€’ 25 May 23
  1. Debt has a long history in shaping societies, from ancient Mesopotamia to Rome, and understanding this history can provide insights into modern debt-based economies.
  2. There have always been alternatives to the debt-centric economic models, with concepts like debt forgiveness and economic balance being seen as sacred in many ancient civilizations.
  3. US and other first-world countries should consider the moral implications of collecting debt from struggling Global South countries, especially when it's used to fuel conflicts and harm society.
The Dollar Endgame β€’ 399 implied HN points β€’ 17 Oct 23
  1. Bonds are facing significant challenges with the Federal Reserve's interest rate hikes and inflation, causing a major downturn in the bond market.
  2. Bonds are crucial in the financial system and act as a form of money, affecting various sectors like banking and exposing risks in durations and interest rate movements.
  3. The bond market's current struggles are indicative of larger economic issues, with potential consequences for inflation, debt, and decisions by the Federal Reserve.
The Dollar Endgame β€’ 199 implied HN points β€’ 16 Dec 23
  1. China's real estate market is facing significant challenges, with existing home prices dropping and outstanding property loans declining.
  2. Major developers like Evergrande and Country Garden are struggling with debt obligations and bankruptcy proceedings.
  3. Moody's downgrade of China's credit outlook indicates that the turmoil in the real estate sector is starting to impact the broader economy and banks.