While the government's fiscal 2026 budget bill calls for record-high spending on social security, its efforts to reduce the health insurance premium burden on the working generation are still limited. https://www.japantimes.co.jp/news/2025/12/27/japan/society/burden-working-generation/?utm_medium=Social&utm_source=mastodon #japan #society #health #sanaetakaichi #ldp #nipponishinnokai #budgets #debt #elderly #medicine
Prime Minister Sanae Takaichi said the nation’s primary balance is set to return to a surplus for the first time in 28 years, in an apparent attempt to ease market concerns over her proactive stance on spending. https://www.japantimes.co.jp/business/2025/12/27/economy/primary-balance-surplus/?utm_medium=Social&utm_source=mastodon #business #economy #sanaetakaichi #ldp #budgets #debt #japaneseeconomy
Housing loans with repayment periods of up to 50 years, far longer than the standard 35-year term for long-term mortgages, are gaining popularity in Japan, particularly among people in their 20s. https://www.japantimes.co.jp/business/2025/12/25/economy/japan-superlong-housing-loans/?utm_medium=Social&utm_source=mastodon #business #economy #housing #realestate #debt #japaneseeconomy
The Finance Ministry will set a key rate used to calculate the country’s likely interest payments on bonds next fiscal year at 3.0%, the highest in nearly three decades. https://www.japantimes.co.jp/business/2025/12/24/economy/interest-payments-on-bonds/?utm_medium=Social&utm_source=mastodon #business #economy #budgets #bonds #debt #financeministry #japaneseeconomy
As candidates vie to become chair of the U.S. Federal Reserve, it's unclear whether the central bank will maintain enough autonomy and credibility to manage the economy under pressure from politics and the market. https://www.japantimes.co.jp/commentary/2025/12/23/world/fed-autonomy-credibility/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #us #federalreserve #supremecourt #donaldtrump #dollar #currencies #globaleconomy #debt #ai
A prospective rise in Japanese interest rates could indicate that not only Japan, but also other heavily indebted economies, including the United States, could face sharply higher yields on government bonds. https://www.japantimes.co.jp/commentary/2025/12/16/japan/japan-global-debt-warning/?utm_medium=Social&utm_source=mastodon #commentary #japan #boj #debt #monetarypolice #japaneseeconomy #globaleconomy #inflation
bhaugen
boosted
Mounting #debtcrisis means #globalSouth governments are spending on average 15% of their revenue servicing external #debt. This figure has doubled since 2010.
More than 3.4 billion people now live in countries that spend more on interest payments than on #health or #education.
https://globalinequality.org/debt-financial-outflows/
#Politics #Democrats #Republicans #Liberals #Conservatives #DemocraticParty #RepublicanParty #DonaldTrump #Trump #JoeBiden #Biden #KamalaHarris #TimWalz #Democracy #USA #Musk #Fascism #Fascist
Mounting #debtcrisis means #globalSouth governments are spending on average 15% of their revenue servicing external #debt. This figure has doubled since 2010.
More than 3.4 billion people now live in countries that spend more on interest payments than on #health or #education.
https://globalinequality.org/debt-financial-outflows/
#Politics #Democrats #Republicans #Liberals #Conservatives #DemocraticParty #RepublicanParty #DonaldTrump #Trump #JoeBiden #Biden #KamalaHarris #TimWalz #Democracy #USA #Musk #Fascism #Fascist
These Health Centers Are Supposed to Make Care Affordable. One Has Sued Patients for as Little as $59 in Unpaid Bills.
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Federally funded community health centers receive grants in exchange for serving patients regardless of their ability to pay. But ProPublica found at least five across the country filing lawsuits and garnishing paychecks to collect unpaid bills.
https://www.propublica.org/article/federally-qualified-health-centers-unpaid-bills-lawsuits?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Alex Akselrod
boosted
Tech companies are crying that Americans aren't buying new phones fast enough to keep the economy stimulated. Wages have been stagnant for, what, 44 years and you've got the gall to keep raising prices and cry we're not buying enough?
I don't think you should reward this shit with a click but, in case you must, I've got a barely tweaked URL to save you the trouble I already spent looking up the article.
source: cnbc DOT com/2025/11/23/how-device-hoarding-by-americans-is-costing-economy.html
RE: https://toot.cat/@EveHasWords/115606885361754835
THIS IS IMPORTANT!
because if wages have been stagnant for 44 years, that means people have been going into #debt, using credit cards to buy what they can’t afford.
make it a priority to not use your credit card for the next month. can’t pay cash? don’t go into debt. stick with that phone or computer or car for as long as you can.
the less you use your credit cards, the less #billionaires we will end up having.
starve the #oligarchy of our debt.
Tech companies are crying that Americans aren't buying new phones fast enough to keep the economy stimulated. Wages have been stagnant for, what, 44 years and you've got the gall to keep raising prices and cry we're not buying enough?
I don't think you should reward this shit with a click but, in case you must, I've got a barely tweaked URL to save you the trouble I already spent looking up the article.
source: cnbc DOT com/2025/11/23/how-device-hoarding-by-americans-is-costing-economy.html
RE: https://toot.cat/@EveHasWords/115606885361754835
THIS IS IMPORTANT!
because if wages have been stagnant for 44 years, that means people have been going into #debt, using credit cards to buy what they can’t afford.
make it a priority to not use your credit card for the next month. can’t pay cash? don’t go into debt. stick with that phone or computer or car for as long as you can.
the less you use your credit cards, the less #billionaires we will end up having.
starve the #oligarchy of our debt.
“People are feeling a squeeze across the board, but what’s even more alarming is that we’re seeing people struggling to pay for these very, very basic necessities,” said Julie Margetta Morgan, president of the Century Foundation, a liberal think tank. “ #Electricity is not a luxury; it isn’t optional.”
#economy #affordability #CostOfLiving #Trump #inflation #recession #trumpcession
Nearly 1 in 20 households, or about 14 million Americans, were so behind on #utility #debt that it was reported to collections agencies or in arrears as of June, according to an analysis by the Century Foundation & Protect Borrowers, a nonprofit that advocates for consumers. Meanwhile, the average overdue balance of $789 has risen 32% since 2022.
#economy #affordability #CostOfLiving #electricity #Trump #inflation #recession #trumpcession
Are consumers just tech debt to Microsoft?
https://birchtree.me/blog/are-consumers-just-tech-debt-to-microsoft/
#HackerNews #Are #consumers #just #tech #debt #to #Microsoft? #techdebt #Microsoft #consumers #technology #blog
The U.S. is the biggest recipient of China’s lending activities, according to a study that tracked Beijing’s credit activities and found it was increasingly lending to higher-income countries. https://www.japantimes.co.jp/business/2025/11/19/us-chinese-loans-study/?utm_medium=Social&utm_source=mastodon #business #debt #us #china
From Nigeria to Kenya, Citigroup’s Daniel Lebetkin has watched investors snap up debt at a blistering pace. One thing hasn’t changed: African nations pay more to borrow. https://www.japantimes.co.jp/business/2025/11/17/economy/africa-highest-costs-borrow-money/?utm_medium=Social&utm_source=mastodon #business #economy #africa #kenya #nigeria #southafrica #debt
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
