Large US debt raises concerns about more extreme US policies and possible instability
According to a US Treasury Department report released on Tuesday, the US'
gross national debt has surpassed $31 trillion, edging closer to the
statutory ceiling of roughly $31.4 trillion put in place by Congress
limiting the government's ability to borrow, AP reported.
First, it's clear that the US economy is in far less rosy shape than what
many had forecast, with debt now trillions of dollars higher than its GDP, which was only about $23 trillion last year. Starting around 2013, US debt began to steadily outstrip GDP. After 2020, it jumped to about 125% of the year's GDP, quickly soaring up to nearly 135% in 2021. As the rate of
borrowing continues to climb, the unhealthy ratio of debt to GDP is
expected to continue rising over coming years.
…
Third, an increasing debt burden will naturally raise concerns about the ability of the US government to service the debt, and even the possibility
of extremes in future US internal and external policies, _such as_
_provoking volatility, unrest or even a war oriented foreign policy to_
_shift or even find ways to renege on its debt, which has indeed happened_
_in US history_ . This sentiment alone could potentially undermine the
full faith and credit of the US.
…
https://www.globaltimes.cn/page/202210/1276596.shtml
некрофилът и икономически гений има ли да каже нещо различно от това, че
горното е долна китайска (или беше руска, обърквам се вече) пропаганда?
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