Cut debt now or face an 'economic heart attack'

That’s when the family is locked into a debt death spiral from which they will never escape. Interest consumes their entire ...
The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...
Britain may need to borrow increasing amounts to service rising interest costs, creating the danger of “debt death spiral,” according to Ray Dalio, founder of hedge fund Bridgewater Associates.
Ray Dalio, Bridgewater founder, says the U.S. economy is heading for a "debt death spiral" unless the Trump Administration takes urgent action to cut the deficit. He also called for a "fiscal ...
It is not countries, but governments, which overborrow and go broke. The debtor is the government. The government is quite distinct from the country.
So while I am loath to fuel the sales campaign, his latest bomb in an interview with the Financial Times — warning of a “death spiral” for Britain’s sovereign debt — requires a riposte.
Sell-off in gilts since Budget suggests market balking at higher borrowing needs, says billionaire investor ...
Rising borrowing costs and debt levels could trigger a self-reinforcing fiscal crisis according to Bridgewater Associates ...