GeneralBearishFortune Crypto · Mar 167/10
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A ‘debt spiral’ before a fiscal crisis: Interest on the national debt will be growing faster than GDP in just 5 years, think tank warns
The Committee for a Responsible Federal Budget warns that interest payments on U.S. national debt will grow faster than GDP by 2031, creating a potentially irreversible debt spiral. This critical threshold crossing could trigger a fiscal crisis with severe economic consequences.
