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us national debt

Image of a US Treasury bond on a green background with an upward arrow to represent growing national debt.
News

US debt hits record: Should you worry?

Is steadily rising US debt a problem, or is the risk of a financial meltdown overblown? Here’s a quick guide to the debate over debt.

Why "cheap money" is worrying billionaire US investor Ray Dalio
GZERO World Clips

Why "cheap money" is worrying billionaire US investor Ray Dalio

Just days ago, the US national debt topped $30 trillion for the first time in history. Household debt jumped by $1 trillion last year, the most since 2007. For Ray Dalio, the billionaire head of the world’s largest hedge fund, rising debt across the board is a big problem because it's increasingly widening the gap between all the money out there and what it can buy.

A damaged section of a highway in Nuwakot, central Nepal
What We're Watching

Devastation in Nepal and China after flash flood, Tanzania’s political infighting tests its political stability, French presidential candidates face off in first debate

A massive wall of mud and rock crashed into a river along Nepal’s Himalayan border with Tibet on Wednesday, triggering catastrophic flooding that swept away bridges, destroyed buildings, swamped roads, and killed over 300 people.