…those are absolute obligations. Which leads us to our first three narratives: Crisis of the Naive, Crisis of the Concerned, and Crisis of the Cynical. Crisis of the Naive. Certain…

…families feel stuck, stretched, and one bill away from crisis. That is the frame we lay out in our State of the Union fact sheet, which breaks down how this administration…

…purchased only two to three years ago, are now in mortal danger because of the debt piled on them by their private-equity buyers. Much of the bank debt is selling…

…has also encumbered the company with soaring financial debt. From the end of 2017 to the end of 2023, the burden of UP’s debt soared from 1.6 times its net…

…is that they had their own mortgage origination units. So after all the other “private label issuers” (read: non-GSEs) stopped buying mortgages for MBSes around Hallowe’en of 2006, Bear was…

…engaging in related to the so-called “fiscal cliff” created by the original Bush tax cuts (set to sunset en masse), the artificial debt ceiling (used by the GOP to exact…

…insisting that their governments lower the value of their currencies to increase exports to the U.S. But the U.S. Treasury did not label either country a currency manipulator in its…

…can in turn help explain pervasive socioeconomic coordination failures. 4 There’s also moral baggage at play here in these labels. Think of schuld, the German word for debt, which also means guilt….