US Debt Crisis Worsens as Watchdog Warns of Market Shock on Nostr: 'War Economy' Angle on Debts Risks 'Creative' Solutions: Mike Dolan =============== ...
'War Economy' Angle on Debts Risks 'Creative' Solutions: Mike Dolan
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#7b8e26cc ver:0.74
The US is facing a $34.5 trillion debt crisis, with options including economic growth, spending cuts, increased taxes, or defaulting on debt. Rising interest expenses on the debt could trigger a market shutdown. The debt is pushing investors towards alternative investments like Bitcoin and gold. Local governments should prepare for less federal funding and focus on local action. The US is vulnerable to a market shock due to unchecked debt accumulation. Escalating inflation and spending could lead to a recession. The national debt impedes economic growth and undermines investors' faith. The debt-to-GDP ratio is projected to reach 116% in 10 years. The persistence of brisk growth and inflation is due to demand stimulus from deficits. A 'war economy' rationale is used to justify heavy spending. The central bank may play a role in ensuring debt sustainability and growth. #DebtCrisis #EconomicCollapse #MarketShutdown #Bitcoin #Gold #LocalGovernments #Recession #NationalDebt #Inflation #DemandStimulus #WarEconomy #CentralBank...
#newstr #PublicDebt #DebtSustainability #FiscalPolicy #MonetaryPolicy #UnitedStates #CongressionalBudgetOffice #FederalReserve #InterestRates #InternationalMonetaryFund #Unicredit #ErikNielsen #EmmanuelMacron #Europe #WallStreetJournal #DonaldTrump
https://here.news/story/7b8e26cc?ver=0.74
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#7b8e26cc ver:0.74
The US is facing a $34.5 trillion debt crisis, with options including economic growth, spending cuts, increased taxes, or defaulting on debt. Rising interest expenses on the debt could trigger a market shutdown. The debt is pushing investors towards alternative investments like Bitcoin and gold. Local governments should prepare for less federal funding and focus on local action. The US is vulnerable to a market shock due to unchecked debt accumulation. Escalating inflation and spending could lead to a recession. The national debt impedes economic growth and undermines investors' faith. The debt-to-GDP ratio is projected to reach 116% in 10 years. The persistence of brisk growth and inflation is due to demand stimulus from deficits. A 'war economy' rationale is used to justify heavy spending. The central bank may play a role in ensuring debt sustainability and growth. #DebtCrisis #EconomicCollapse #MarketShutdown #Bitcoin #Gold #LocalGovernments #Recession #NationalDebt #Inflation #DemandStimulus #WarEconomy #CentralBank...
#newstr #PublicDebt #DebtSustainability #FiscalPolicy #MonetaryPolicy #UnitedStates #CongressionalBudgetOffice #FederalReserve #InterestRates #InternationalMonetaryFund #Unicredit #ErikNielsen #EmmanuelMacron #Europe #WallStreetJournal #DonaldTrump
https://here.news/story/7b8e26cc?ver=0.74