#us-national-debt
#us-national-debt
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#fiscal-policy #interest-payments #debt-to-gdp #economic-growth #fiscal-sustainability #government-spending
US politics
fromFortune
1 month agoElon Musk says the only thing that can solve 'insanely high' $38 trillion national debt crisis is AI and robotics-but it would cause 'significant deflation' | Fortune
Elon Musk argues that large-scale AI and robotics-driven economic growth is the primary solution to the U.S. debt crisis amid rising interest payments and federal spending concerns.
US news
fromFortune
2 months ago'We are guilty of spending our rainy-day fund in sunny weather': Top economists unite to urge action on $38 trillion national debt | Fortune
The United States faces a worsening debt crisis with $38 trillion debt exceeding 120% of GDP, threatening economic stability and fiscal flexibility.
US politics
fromFast Company
3 months agoU.S. national debt skyrockets past $38 trillion, the Treasury Department reports
U.S. gross national debt surpassed $38 trillion, marking rapid debt accumulation that risks higher inflation, greater borrowing costs, reduced wages, and erosion of purchasing power.
US politics
fromFortune
4 months agoRay Dalio says 'most people are silent' because they're afraid to talk about what's really happening with the U.S. economy
Fear of political retaliation is silencing investors and business leaders, leaving the U.S. vulnerable to a near-term, debt-triggered economic crisis as national debt soars.
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