Headlines
Financial TimesCanada announces $20bn retaliatory tariffs as US trade war escalatesFinancial TimesIran and Oman edge towards deal on Strait of HormuzBloomberg MarketsSatellite Image Shows Surge in Iraq’s Persian Gulf Oil LoadingsEconbrowserAugust Consumer Confidence Downside SurpriseBloomberg MarketsBolsonaro’s Strategy to Purge Top Court Faces Hurdles in BrazilBloomberg MarketsWall Street Keeps Minting Box ETFs Despite Treasury Tax ScrutinyBloomberg MarketsElite Private Schools Offer Aid to Families Making $500,000Financial TimesIranian tankers gather off Sri Lankan coastFinancial TimesBoss of Trump Jr-backed start-up donated to Republicans after winning US contractBloomberg MarketsBloomberg Surveillance 8/25/2026Bloomberg MarketsKenya Airways Says It Will Unveil Investor Plan in WeeksBloomberg MarketsOdd Lots: What’s Driving Africa’s Economic Growth?Bloomberg MarketsBessent’s Mentor Druckenmiller Calls Bond Buying a MistakeBloomberg MarketsThe Pro Sports Liquidity Escape HatchFinancial TimesFoot Locker owner plunges after warning nervous consumers are cutting spendingFinancial TimesCanada announces $20bn retaliatory tariffs as US trade war escalatesFinancial TimesIran and Oman edge towards deal on Strait of HormuzBloomberg MarketsSatellite Image Shows Surge in Iraq’s Persian Gulf Oil LoadingsEconbrowserAugust Consumer Confidence Downside SurpriseBloomberg MarketsBolsonaro’s Strategy to Purge Top Court Faces Hurdles in BrazilBloomberg MarketsWall Street Keeps Minting Box ETFs Despite Treasury Tax ScrutinyBloomberg MarketsElite Private Schools Offer Aid to Families Making $500,000Financial TimesIranian tankers gather off Sri Lankan coastFinancial TimesBoss of Trump Jr-backed start-up donated to Republicans after winning US contractBloomberg MarketsBloomberg Surveillance 8/25/2026Bloomberg MarketsKenya Airways Says It Will Unveil Investor Plan in WeeksBloomberg MarketsOdd Lots: What’s Driving Africa’s Economic Growth?Bloomberg MarketsBessent’s Mentor Druckenmiller Calls Bond Buying a MistakeBloomberg MarketsThe Pro Sports Liquidity Escape HatchFinancial TimesFoot Locker owner plunges after warning nervous consumers are cutting spending
Home/Financial Times
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Financial Timesglobal

The drip-drip US debt crisis

Financial Times
Tuesday, August 25, 2026 at 3:20 PM
~4 min read

Original Report

Rising deficits and debt-servicing costs no longer seem to have the power to restore prudence

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%