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US Debt Crisis Worsens as Watchdog Warns of Market Shock /
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2024-04-26 11:56:51

US Debt Crisis Worsens as Watchdog Warns of Market Shock on Nostr: US Debt Crisis Worsens as Watchdog Warns of Market Shock =============== #7b8e26cc ...

US Debt Crisis Worsens as Watchdog Warns of Market Shock
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#7b8e26cc ver:0.54

The US is facing a worsening debt crisis, with $27 trillion in debt and deficits since 2008, warns financial author Harry Dent. He predicts a recession in early to mid-next year due to the Federal Reserve tightening monetary policy. The US government's debt levels continue to rise rapidly, raising concerns of a fiscal collapse. The debt-to-GDP ratio is 121%, and the deficit has jumped to 5.7% of GDP in 2023. Urgent action is needed to address the deficits. #USDebtCrisis #EconomicCollapse #FiscalCollapse...

#newstr #UsDebt #PublicDebt #DebtCrisis #EconomicGrowth #FinancialCulture

https://here.news/story/7b8e26cc?ver=0.54
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