Why is the US in so much debt and does it matter?
Briefly

from www.aljazeera.com8 months ago
The US debt is projected to reach more than $50 trillion over the next decade, exceeding 122% of GDP by 2034, which would be unprecedented if current tax and spending policies do not change.
www.aljazeera.comhttps://www.aljazeera.com/program/counting-the-cost/2024/6/26/why-is-the-us-in-so-much-debt-and-does-it-matter
While the US debt surpasses that of any other nation, its status as the issuer of the world's primary reserve currency raises questions about the significance of the debt level, posing challenges for financial experts and policymakers.
www.aljazeera.comhttps://www.aljazeera.com/program/counting-the-cost/2024/6/26/why-is-the-us-in-so-much-debt-and-does-it-matter
Read at www.aljazeera.com
#us-debt #gdp #financial-experts #tax-policies #spending-policies
[
|
]