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Nalezeno "debt crisis": 32

Thorchain Introduces TCY Token to Address $200 Million Debt Crisis 


Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for...

Trump Insists Tariffs Are the Answer to $36 Trillion National Debt Crisis


President Trump has recently pushed the idea of tariffs as an enabler for the U.S. economy. On social media, he stated that tariffs were responsible for creating a “vast wealth” for the country and disclosed that they would be used to pay for the country’s debt. Trump: Tariffs...

Financial Analyst Predicts Massive Debt Crisis for US Economy in 2025


Some individuals believe the U.S. is staring down the barrel of a financial headache in 2025, with a whopping $7 trillion in debt due for renewal, raising alarms about a possible economic meltdown. Financial guru Dr. Jim Willie has sounded the alarm on the massive global fallout, labeling this as...

US Debt Crisis Deepens as National Debt Surpasses $35 Trillion


The U.S. national debt has exceeded $35 trillion, highlighting the country’s severe fiscal challenges as debates over taxes and spending continue. The Congressional Budget Office forecasts the debt could surpass $56 trillion by 2034, driven by rising expenditures and interest costs outpacing...

Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin


Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give...

Egypt Becomes First MENA Country to Issue Chinese Yuan-Denominated Bonds


Eygpt has reportedly become the first Middle East North Africa (MENA) region country to issue so-called “panda bonds” after it issued Chinese yuan denominated bonds worth $479 million. Issuing panda bonds marks another step in Egypt’s attempts to move away from costly dollar...

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