#WION U.S. National Debt Surges Past $38 Trillion, Raising Global Alarm | WION World Business Watch
U.S. National Debt Surges Past $38 Trillion, Raising Global Alarm | WION World Business Watch
With the U.S. National debt now crossing 38 trillion dollars and deficits expected to stay above 7 percent of GDP for years. Economists warn the U.S. Could be nearing an uncharted fiscal territory. Our next report delves into what’s driving this debt explosion. How it compares with Europe’s fiscal discipline. And why the IMF calls it a symbolic moment for the global economy.
#imf #usa #economy #worldnews
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