Wharton Business School Professor Joao Gomes has said the debt mountain marks a 'moment in history' and it could 'derail the next administration'
Experts are currently predicting that the eye-watering debt-to-GDP ratio will reach 190 percent by 2050 if it remains on its current trajectory
The last two administrations - run by Biden and Trump - oversaw the largest deficit accumulations since Franklin D Roosevelt during the Great Depression
https://www.dailymail.co.uk/news/article-13152123/Wharton-professor-predicts-2025-financial-meltdown-34-trillion-debt-set-derail-administration.html
Experts are currently predicting that the eye-watering debt-to-GDP ratio will reach 190 percent by 2050 if it remains on its current trajectory
The last two administrations - run by Biden and Trump - oversaw the largest deficit accumulations since Franklin D Roosevelt during the Great Depression
https://www.dailymail.co.uk/news/article-13152123/Wharton-professor-predicts-2025-financial-meltdown-34-trillion-debt-set-derail-administration.html
Write a comment...
Sort by