Markets Insider: The US is Facing a Debt Storm. Here's 5 Charts That Show Trouble is Brewing
Article by Jennifer Sor in Markets Insider
A storm of public and private debt is brewing in the US – and the troubles are already beginning to show on the surface as loans pile up and borrower confidence falters.
At a broad level, Fitch Ratings' downgrade of the US credit rating and Moody's downgrade of 10 US banks this summer points to issues for both US sovereign credit (political polarization hampering the US's ability to meet debt obligations) and debt originated out of the banking sector (structural pressures stemming from tighter credit conditions and Fed policy).
But there are more granular problems mounting across debt markets as well, as both private and public sectors face a drastically different environment than ......
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