wsj.com
Furthermore, if US interest rates rise (as at some point they must) then what happened to Mexico after the Volcker interest rate increase in 1979 starts to loom as a real problem. The US will soon be paying out far more to service its debt to the rest of the world than it brings in.14 This extraction of wealth from the US will not be welcome
... See moreHarvey, David • B005x3sa74 Ebok
US Borrowing Expected to Rival Europe’s Most Indebted States, Says IMF | Euronews by Una Hajdari
The US marks the steepest rise
The United States will see the steepest increase among major advanced economies when it comes to debt-to-GDP ratio, according to the IMF.
From 2023 to 2030, general government gross debt will climb from 119.8% of GDP in 2023... See more
The US marks the steepest rise
The United States will see the steepest increase among major advanced economies when it comes to debt-to-GDP ratio, according to the IMF.
From 2023 to 2030, general government gross debt will climb from 119.8% of GDP in 2023... See more