$40 Trillion US Debt Spiral Threatens Global Markets, CEO Warns
U.S. debt has crossed $40 trillion, intensifying concerns about interest costs and long-term borrowing pressure. Devere Group CEO Nigel Green warns that the resulting feedback loop could affect bonds, equities, currencies, and household financing worldwide. US Debt Creates a Costly Feedback Loop Rising federal interest costs could intensify financial-market pressure without an economic downturn or […]