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defuse

Record-high national debt is fiscal time bomb for US. Congress must defuse it.

August 25, 2024 8:27 am

Founding Father’s fear has come true: Federal debt burden now is the greatest threat to the U.S. economy, national security and social stability. In the late 1780s, the finances of the United States were in disarray. Revolutionary War debts incurred …

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Hidden $1.2 Trillion Debt Bomb that Next President Will Have to Defuse

August 16, 2024 11:17 pm
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‘China is trying to defuse a financial time bomb that could severely damage its banking system.’

December 5, 2023 10:57 pm

China’s Colossal Hidden-Debt Problem Is Coming to a Head [WSJ] China is trying to defuse a financial time bomb that could severely damage its banking system. Cities and provinces across the country have accumulated a massive amount of hidden debt …

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