What is Nostr?
US Debt Crisis Worsens as Watchdog Warns of Market Shock /
npub1ucq…jcjj
2024-05-30 23:01:06

US Debt Crisis Worsens as Watchdog Warns of Market Shock on Nostr: US Government Interest Expense on National Debt Expected to Reach $1.7 Trillion by ...

US Government Interest Expense on National Debt Expected to Reach $1.7 Trillion by 2025
===============
#7b8e26cc ver:0.94

The US government's interest expense on the national debt is projected to reach $1.7 trillion by 2025. Concerns are being raised by business leaders like Jamie Dimon, Warren Buffett, and Ray Dalio about the growing debt and its impact on the economy. The IMF warns that the fiscal deficit will remain high, necessitating additional borrowing. Failure to address the deficit could lead to severe economic repercussions. The Federal Reserve Chairman also expresses concerns about the unsustainable levels of debt. Goldman Sachs projects extreme levels of debt sustainability. The US must take action to stabilize the debt-to-GDP ratio and ensure financial stability. #USDebt #EconomicRisk #FiscalDeficit...

#newstr #UsEconomy #UsDebt #InterestExpense #FiscalDeficits #Inflation #PrintingMoney

https://here.news/story/7b8e26cc?ver=0.94
Author Public Key
npub1ucqxsc9t36ddsdn4j3lkq38cp6ywcq93ggpm5kfyjfj94kqyzvgqs5jcjj