#debt-to-gdp-ratio

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fromFortune
3 days ago

For the first time since World War II, America owes more than it produces - and a leading fiscal watchdog is sounding the alarm. | Fortune

"It's happened - the national debt is now larger than the U.S. economy, about twice the historic average. We've heard plenty of alarm bells in the past few years about our fiscal path, but this one rings especially loudly. The real question is whether or not our leaders in Washington will listen."
US politics
US politics
fromFortune
1 month ago

America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns | Fortune

U.S. national debt now equals 100% of GDP, the highest since World War II, leaving the country severely unprepared for the next economic crisis with limited fiscal capacity to respond.
#us-national-debt
fromFortune
7 months ago
US politics

Jamie Dimon says Trump's efficiency drive isn't enough to avert debt crisis: 'Like most problems, it's better to deal with it than let it happen' | Fortune

fromFortune
7 months ago
US politics

Ray Dalio says the world is running out of interest in buying U.S. debt-but America is unable to cut back on spending | Fortune

fromFortune
7 months ago
US politics

Jamie Dimon says Trump's efficiency drive isn't enough to avert debt crisis: 'Like most problems, it's better to deal with it than let it happen' | Fortune

fromFortune
7 months ago
US politics

Ray Dalio says the world is running out of interest in buying U.S. debt-but America is unable to cut back on spending | Fortune

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