'War Economy' Angle on Debts Risks 'Creative' Solutions: Mike Dolan
===============
#7b8e26cc ver:0.73
The US is facing a $34.5 trillion debt crisis, with the debt-to-GDP ratio at an all-time high. Possible solutions include economic growth, spending cuts, increased taxes, or defaulting on debt. Rising interest expense on the debt could trigger a market shutdown. Local governments should prepare for less federal funding. The US is vulnerable to a market shock due to unchecked debt accumulation. Escalating inflation and spending could lead to a recession. The national debt impedes economic growth and undermines investors' faith. The debt-to-GDP ratio is projected to reach 116% in 10 years. The persistence of growth and inflation is due to demand stimulus from deficits. A 'war economy' rationale is used to justify heavy spending. The central bank may play a role in ensuring debt sustainability and growth. #DebtCrisis #EconomicGrowth #MarketShutdown #FiscalPolicy #Recession #NationalDebt #Inflation #DemandStimulus #WarEconomy #CentralBank...
#newstr #PublicDebt #FiscalPolicy #DebtSustainability #EconomicGrowth #FederalReserve #CongressionalBudgetOffice #InterestRates #Inflation #InternationalMonetaryFund #UsTreasury #CentralBank
https://here.news/story/7b8e26cc?ver=0.73
US Debt Crisis Worsens as Watchdog Warns of Market Shock /
npub1uc…5jcjj
2024-05-15 07:03:35
Author Public Key
npub1ucqxsc9t36ddsdn4j3lkq38cp6ywcq93ggpm5kfyjfj94kqyzvgqs5jcjjPublished at
2024-05-15 07:03:35Event JSON
{
"id": "7b93c42681a45b0bb01f9e070c9570c32731b33cb73390346269c0ee179236f5",
"pubkey": "e6006860ab8e9ad83675947f6044f80e88ec00b14203ba592492645ad8041310",
"created_at": 1715756615,
"kind": 1,
"tags": [],
"content": "'War Economy' Angle on Debts Risks 'Creative' Solutions: Mike Dolan\n===============\t\n#7b8e26cc ver:0.73\n\nThe US is facing a $34.5 trillion debt crisis, with the debt-to-GDP ratio at an all-time high. Possible solutions include economic growth, spending cuts, increased taxes, or defaulting on debt. Rising interest expense on the debt could trigger a market shutdown. Local governments should prepare for less federal funding. The US is vulnerable to a market shock due to unchecked debt accumulation. Escalating inflation and spending could lead to a recession. The national debt impedes economic growth and undermines investors' faith. The debt-to-GDP ratio is projected to reach 116% in 10 years. The persistence of growth and inflation is due to demand stimulus from deficits. A 'war economy' rationale is used to justify heavy spending. The central bank may play a role in ensuring debt sustainability and growth. #DebtCrisis #EconomicGrowth #MarketShutdown #FiscalPolicy #Recession #NationalDebt #Inflation #DemandStimulus #WarEconomy #CentralBank...\n\n#newstr #PublicDebt #FiscalPolicy #DebtSustainability #EconomicGrowth #FederalReserve #CongressionalBudgetOffice #InterestRates #Inflation #InternationalMonetaryFund #UsTreasury #CentralBank \n\n https://here.news/story/7b8e26cc?ver=0.73",
"sig": "a89fdb1a7c2cd83c4049ae4a3b344930957edaa6dde20a402318a32a6c07348ce975c819a392f862f6c025dd0af7abb0f53c83202eba979683b825bef4643099"
}