
US Debt Crisis: Economist Warns of Depression Risk
A top economist warns that the United States' soaring national debt of $38.5 trillion is stifling economic opportunity and threatening to trigger a severe depression, echoing concerns from financial figures like Ray Dalio about the long-term impact of debt servicing on crucial government investments. This situation, compounded by issues in housing, education, and the rising cost of living, raises questions about the sustainability of the "American Dream" amid growing economic pressures and potential bond market instability.
























