CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
The Daily Hodl 2024-04-12 20:04:25

US National Debt To Shatter $141,000,000,000,000 As Massive Borrowing Threatens Dollar’s Reserve Currency Status Over Next Three Decades: CBO

The Congressional Budget Office (CBO) projects deficits will run wild as the US national debt surpasses a staggering $141 trillion by the year 2054. In a new budget outlook report, the non-partisan federal agency estimates that the United States’ GDP will reach $85.2 trillion in three decades, but that debt will be 166% of that, The post US National Debt To Shatter $141,000,000,000,000 As Massive Borrowing Threatens Dollar’s Reserve Currency Status Over Next Three Decades: CBO appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.