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2024-05-24 15:59:36

US Debt Crisis Worsens as Watchdog Warns of Market Shock on Nostr: Growing Concerns Over Unsustainable US Public Debt and Potential Consequences ...

Growing Concerns Over Unsustainable US Public Debt and Potential Consequences
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#7b8e26cc ver:0.92

Growing concerns over unsustainable US public debt as it reaches $34.5 trillion, with a deficit of $855 billion in 2024. JPMorgan Chase CEO Jamie Dimon warns of potential consequences, including high inflation and limited economic growth. Warren Buffett and Ray Dalio echo concerns, calling for fiscal reforms. Federal Reserve Chairman Jerome Powell and Goldman Sachs also express worries. The US must address the debt to maintain economic stability and international credibility. Failure to act could lead to higher borrowing costs and market volatility. Managing fiscal health is crucial for future growth. #USDebt #EconomicStability #FiscalReforms...

#newstr #UsNationalDebt #DeficitSpending #FiscalPolicy #InterestRates #EconomicGrowth

https://here.news/story/7b8e26cc?ver=0.92
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