💰 US Debt: A Concerning Ceiling
📊 The national debt of the United States now exceeds $36.2 trillion.
🎯 Debt/GDP ratio: 123% — a record in peacetime.
💥 By 2025, interest alone will cost $776 billion, which is 1/6 of the federal budget.
⚠️ Moody’s recently downgraded the US rating to Aa1, citing an increased risk of default if the ceiling is not raised by October.
💬 Such a massive debt, a danger or a controllable economic lever?
Your opinion 👇