Mitsubishi UFJ Asset Management is set to launch its first fund comprising collateralized loan obligations that will mainly hold dollar-denominated floating-rate loans made to U.S. companies. https://www.japantimes.co.jp/business/2025/11/13/companies/mufg-collateralized-loan-obligations/?utm_medium=Social&utm_source=mastodon #business #companies #mufg #bonds #debt #investments
Nissan shares fell the most in two months after the embattled carmaker forecast a ¥275 billion operating loss this year as it pushes ahead with a cost-cutting spree to rescue its deteriorating financial position. https://www.japantimes.co.jp/business/2025/10/31/companies/nissan-loss-outlook/?utm_medium=Social&utm_source=mastodon #business #companies #nissan #renault #carmakers #debt #us #china
Even if AI solves the problem of rich countries’ anemic economic growth, it will almost certainly lead to a much higher share of capital in output, and a correspondingly lower share for labor. https://www.japantimes.co.jp/commentary/2025/10/20/world/will-ai-pay-off-global-debt/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #ai #artificialintelligence #debt #taxes
Rakuten Group priced a local bond at the year’s highest coupon of 4.691%, giving Japan’s credit market its clearest sign yet of how rising rates are impacting corporate borrowing costs. https://www.japantimes.co.jp/business/2025/10/17/companies/rakuten-bond-highest-coupon/?utm_medium=Social&utm_source=mastodon #business #companies #rakuten #bonds #softbank #daiwa
@thejapantimes Thinking ahead, how will the #BOJ manage the rising cost of refinancing and/rolling over #Japan’s #sovereign #debt in the short and medium term?
The world economy battles massive U.S. tariffs while American consumers continued to spend, companies absorbed higher costs and an AI boom fueled fear of a bubble. https://www.japantimes.co.jp/business/2025/10/13/economy/world-economy-tariffs-ai-debt/?utm_medium=Social&utm_source=mastodon #business #economy #markets #economy #globaleconomy #economicindicators #ai #tech #debt #us #donaldtrump #trade #tariffs #republicans
Global debt hit a record high of $337.7 trillion at the end of the second quarter, driven in part by easing global financial conditions, a report has shown. https://www.japantimes.co.jp/business/2025/09/26/economy/global-debt-record/?utm_medium=Social&utm_source=mastodon #business #economy #globaleconomy #debt #economicindicators
Mitsubishi UFJ Financial Group is in talks with a number of governments as it seeks to build a pipeline of swaps to help developing nations refinance debt and free up funds for social and infrastructure projects. https://www.japantimes.co.jp/business/2025/08/13/companies/mufg-helps-developing-nations-refinance-debt/?utm_medium=Social&utm_source=mastodon #business #companies #mufg #banks #debt
There seem to be two main ways the #genai #spending will play out -
1. if it fails - we get a major economic crash (on top of #economic #crises triggered by #climatechange #war #debt etc.)
2. if it succeeds - we get a major loss of #jobs
Both invariably lead to #social #instability which takes decades to unwind (if at all)
No one is trying to get ahead of either outcome.
There seem to be two main ways the #genai #spending will play out -
1. if it fails - we get a major economic crash (on top of #economic #crises triggered by #climatechange #war #debt etc.)
2. if it succeeds - we get a major loss of #jobs
Both invariably lead to #social #instability which takes decades to unwind (if at all)
No one is trying to get ahead of either outcome.
The USDA failed to follow its own guidance for a rural mortgage program, taking years to foreclose on delinquent loans.
As a result, 55 Maine borrowers racked up, on average, $110,000 in additional debt before the agency moved to take the homes.
https://www.propublica.org/article/usda-maine-foreclosures-rural-homeowners?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Debt bankers and investors are bracing for what is shaping up to be the next big trend in the global credit market: Japan Inc. raising billions abroad, with a string of recent megadeals setting the tone. https://www.japantimes.co.jp/business/2025/07/17/companies/japan-firms-credit-sales-overseas/?utm_medium=Social&utm_source=mastodon #business #companies #debt #bonds #ntt #softbank #nissan #japaneseeconomy
Two key ingredients were in less abundance at a once-a-decade U.N. development finance conference in Seville, Spain this year: money and power. https://www.japantimes.co.jp/news/2025/07/04/world/politics/un-development-event-small-audience/?utm_medium=Social&utm_source=mastodon #worldnews #politics #un #development #debt #climatechange
Andrewism: It's Time To Abolish Debt
"Let's take a critical look at Graeber’s exploration of debt and its role in shaping our world so that we can challenge our approach to debt, overcome the current crisis, and pursue a revolutionary reimagining of the economy as a whole."
Japan’s tax revenues hit a record of around ¥75.2 trillion in the fiscal year ended March, but the windfall still left questions over how Prime Minister Shigeru Ishiba will fund his cash handouts. https://www.japantimes.co.jp/business/2025/07/02/economy/japan-record-tax-revenues/?utm_medium=Social&utm_source=mastodon #business #economy #japaneseeconomy #taxes #debt #shigeruishiba
“Tucked into the Senate GOP reconciliation bill is a🚨$5 TRILLION increase in the debt limit.
Full text of Senate BBB weighs in at 940 pages:”
-J Dupree
Democracy dies in darkness.
#BBB#Debt#Congress#Republicans#Deceit#DebtLimit#Austerity#Medicaid#Budget#TrumpRegime#Lies#USPol
https://www.budget.senate.gov/imo/media/doc/the_one_big_beautiful_bill_act.pdf
“Tucked into the Senate GOP reconciliation bill is a🚨$5 TRILLION increase in the debt limit.
Full text of Senate BBB weighs in at 940 pages:”
-J Dupree
Democracy dies in darkness.
#BBB#Debt#Congress#Republicans#Deceit#DebtLimit#Austerity#Medicaid#Budget#TrumpRegime#Lies#USPol
https://www.budget.senate.gov/imo/media/doc/the_one_big_beautiful_bill_act.pdf
More than a dozen borrowers told the Tennessee Lookout and ProPublica that Advance Financial encouraged them to borrow more money after making minimum payments.
The lender went on to sue them once they couldn’t pay back the loan.
https://www.propublica.org/article/flex-lenders-reborrow?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post