- The US debt could eventually “break” markets if it keeps growing at this pace, Joao Gomes warned.
- The Wharton finance professor said he worried the debt-to-GDP ratio would double in the next 20 years.
- The US may no longer be able to rely on countries like China and Japan to buy up Treasurys, he added.
US Debt Will ‘Break’ Markets If Spending Isn’t Reined in: Wharton
Date:
More like thisRelated
Tampa RV giant Lazydays to delist from Nasdaq
Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...
Granite Geek: New Hampshire might get access to ‘balcony solar’
I had solar panels put on my roof six...
TSX Today: What to Watch for in Stocks on Monday, November 10
Despite firm gold and silver prices, Canadian stocks...
While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!
As market-wide fear grips the sector, the Binance Coin...