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US $36 Trillion Debt Crisis: Economist Warns of Austerity and Reforms
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US $36 Trillion Debt Crisis: Economist Warns of Austerity and Reforms
The Looming Shadow of America’s Debt Overhang The United States faces a mounting fiscal challenge that could redefine its economic trajectory for decades. With the national debt surpassing $36 trillion and interest payments alone projected to exceed $1 trillion annually by next year, policymakers and economists are grappling with an unsustainable path. Recent analyses suggest that without decisive action, the country might be forced into drastic…
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