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US Debt Crisis Worsens as Watchdog Warns of Market Shock /
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2024-05-22 22:00:18

US Debt Crisis Worsens as Watchdog Warns of Market Shock on Nostr: US National Debt Reaches $34.5 Trillion as Concerns Grow Over Fiscal Future ...

US National Debt Reaches $34.5 Trillion as Concerns Grow Over Fiscal Future
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The US national debt has reached $34.5 trillion, raising concerns about the fiscal future. JPMorgan Chase CEO Jamie Dimon warns of the debt-to-GDP ratio becoming a major problem. Warren Buffett and Ray Dalio also express worries about the growing debt and call for fiscal reforms. The ballooning deficit poses risks to the economy and could lead to higher borrowing costs. Managing national fiscal health is crucial for sustaining economic credibility and international trade. Federal Reserve Chairman Jerome Powell highlights the unsustainability of the debt and the need for mature addressing. The concerns reflect worries about financial stability and future economic growth. #NationalDebt #FiscalFuture #EconomicStability...

#newstr #UsNationalDebt #FiscalFuture #JpmorganChase #Economy #DeficitSpending

https://here.news/story/7b8e26cc?ver=0.89
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