UN risks 'imminent financial collapse'
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Fears have been swirling for years that the era of U.S. dollar reserve currency status could be coming to an end, with the turmoil triggered by U.S. president Donald Trump’s global trade tariffs and the rise of China as a economic challenger to the U.S. stoking those fears.
There is a 10-20% chance that an artificial intelligence (AI) bubble burst coinciding with escalating geopolitical and trade conflicts could trigger a 2008‑like global financial crisis in 2026, the Economic Survey has warned.
A fiscal crisis – sometimes called a sovereign debt crisis – is a sharp economic shock or downturn caused or sparked by high levels of current or expected public borrowing. A fiscal crisis can take many forms but is most likely to occur if investors lose confidence in the Treasury market.
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Economist who predicted the 2008 financial crisis says a far bigger one could hit the US soon
He said it will make the 2008 financial crisis look like a 'Sunday school picnic.'
Economist Peter Schiff warns that gold's rally signals a looming U.S. dollar crisis and economic reckoning that could surpass 2008 financial crisis severity.
Trump’s pick will take the reins of the world’s top central bank during one of the most consequential periods in its history
Explore how mortgage securitization contributed to the 2008 financial crisis, fueling risk-taking and immense losses for Wall Street after the U.S. housing bubble burst.
The Economic Survey 2026 highlights significant global economic vulnerabilities, predicting three scenarios for 2026, including possible crises worse than the 2008 financial collapse. However, it notes that India will remain better off than most other countries.
There is only so long the U.S. can cover massive debts by borrowing. By 2030, at current rates, the national debt could be $50 trillion and appear in various ways.
The impact of the 2008 financial crisis was felt around the world. Here is a look at how some of the primary players fared in the years after the catastrophe.
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NYC faces $12B budget deficit, drawing comparison to 2008 financial crisis – as Zohran Mamdani uses dire forecast to push taxing the rich
The Big Apple was in the red — even before the socialist takeover. New York City is facing a mammoth $12 billion budget deficit in the next two years, new City Comptroller Mark Levine warned Friday — grimly comparing the outlook to the 2008 financial crisis.
FOX 9 Minneapolis-St. Paul on MSN
Hennepin Healthcare cutting 5 programs, 100 workers amid financial crisis
Hennepin Healthcare leaders warned the county health system that runs the Hennepin County Medical Center is in "real jeopardy" as it announced they would slash five programs and 100 jobs.