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US Debt Crisis Worsens as Watchdog Warns of Market Shock /
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2024-05-14 14:03:04

US Debt Crisis Worsens as Watchdog Warns of Market Shock on Nostr: America's Growing National Debt Crisis: A Looming Economic Threat =============== ...

America's Growing National Debt Crisis: A Looming Economic Threat
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#7b8e26cc ver:0.72

The US is facing a $34.5 trillion debt crisis, with the debt-to-GDP ratio at an all-time high. Rising interest expenses could trigger an economic collapse, pushing investors towards alternative investments like Bitcoin and gold. The crisis threatens federal funding for state and local governments, necessitating cuts to social programs and tax increases. The mounting debt burden leaves America vulnerable to a market shock and potential recession. Urgent action is needed to address fiscal imbalances and rein in the debt. The lack of media coverage and decline in fiscal conservatives raise concerns about addressing the crisis effectively. #DebtCrisis #EconomicCollapse #Investments #FiscalImbalances...

#newstr #UsNationalDebt #Economy #Government #DebtCrisis #FiscalPolicy

https://here.news/story/7b8e26cc?ver=0.72
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