The current gross U.S debt stands at $39 trillion, which experts say is not the real problem. Instead, its the current path Congress has taken of spending more than taking in which seems “not sustainable.”
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Why UAE leaving OPEC matters, in 2 charts
OPEC is no stranger to exits. But UAE’s exit could mean a fundamental geopolitical shift in the Middle East (and the oil markets).
US debt could rank among highest in G7 by 2030, IMF projects
The cost of borrowing is already choking crucial public spending across many developing economies. But now it is triggering wider concerns.
US debt could surpass Greece by 2028, IMF data shows
The country once mocked for fiscal collapse may soon look more disciplined than the world’s largest economy.