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.”
All posts tagged GDP
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.
After Japan, U.S. debt is set to be the highest in the G7 by 2030
IMF projections show U.S. government debt climbing faster than most G7 peers, surpassing the group’s average in 2025 and reaching about 143% of GDP by 2030—second only to Japan.
ECB Cuts Three Key Rates by 25 bps as Euro-Area Inflation Falls to 1.9%
The ECB cut its key rates by 25 bps effective June 11 after lowering its 2025 inflation forecast to 2%, with core inflation near target and modest GDP growth expected, but also cautioned against rising tariff uncertainty.