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Economists concerned America’s continued ‘debt binge’ could spark a crisis

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The world’s debt has reached a record high of $9 trillion in the first three quarters of 2019, but despite economists’ warnings to countries to take advantage of the current strong economy and pay their debt down, they’re doing just the opposite, Axios reports.

Thanks to the ever-growing debt, global growth has suffered. According Charles Schwab chief investment strategist Liz Ann Sonders, the result may be “a subtle crisis over time.”

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When it came to accumulating debt, the US led the way last year and it’s current “debt binge” shows no signs of slowing down.

“Thanks to low interest rates and loose central bank policy, IIF estimates that total global debt will exceed $257 trillion in the first quarter of 2020,” writes Axios’s Dion Rabouin.


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Fox & Friends floats impeachment conspiracy theory about GAO findings of Trump crimes against Ukraine

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"Fox & Friends" assured viewers they could ignore a federal watchdog agency's findings that President Donald Trump broke the law by withholding Ukraine aid.

The nonpartisan the Government Accountability Office found the White House Office of Management and Budget violated the law by freezing $400 million in congressionally approved military aid, but the Fox News hosts suggested the agency was only trying to hurt the president.

"Do you think it's just a coincidence that that news would drop exactly the same day the (impeachment) trial started?" said co-host Steve Doocy.

Co-hosts Pete Hegseth and Ainsley Earhardt agreed, and accepted administration denials at face value.

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GOP senators are questioning allegiance to Trump as impeachment becomes a reality: Morning Joe panel

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According to members of MSNBC's "Morning Joe" panel, Donald Trump may see more defections by previously supportive Republican senators now that the impeachment of the president has become a reality and their conduct will be scrutinized by voters back home.

Speaking with columnist David Ignatius, host Joe Scarborough noted that multiple Republican senators -- including several who are retiring -- are going soft on defending the president and may be inclined to allowing multiple witnesses who could damage the president.

"David Ignatius, you know, we've known Sen. Pat Roberts (R-KS) and Sen. Lamar Alexander (R-TN) both of us, for a long time. and as they coming to the end of their careers," Scarborough began. "I would think [Senate Majority Leader] Mitch McConnell would be concerned that these gentlemen would vote their conscience and not just blindly follow Donald Trump and would vote to have a fair, open hearing and trial and get this new evidence that's coming in, that's come in since the House impeached."

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Iran’s supreme leader says Trump is a ‘clown’ who will betray Iranians

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Iran’s supreme leader said President Donald Trump is a “clown” who only pretends to support the Iranian people but will “push a poisonous dagger” into their backs, as he struck a defiant tone in his first Friday sermon in Tehran in eight years.

Ayatollah Ali Khamenei said the mass funerals for Iran’s top general, who was killed in a US airstrike earlier this month, show that the Iranian people support the Islamic Republic despite its recent trials. He said the “cowardly” killing of Soleimani had taken out the most effective commander in the battle against the Islamic State group.

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