đš The $38.5 Trillion Warning! đșđžđž
Fed Chair Jerome Powell sounds alarm: US national debt hits $38.5 trillion, and the trajectory is "unsustainable" đ€Ż. Daily debt additions: $8 billion đž. Interest payments to surpass $1 trillion this year â more than the defense budget! đ€
The writing's on the wall: debt's outgrowing economy, leaving US vulnerable to shocks. "We're borrowing from future generations... unsustainable fiscal path." â Jerome Powell đ
Congress needs to act! đ€ Next Fed Chair faces massive challenge managing economy drowning in debt. đ„
The Bigger Picture
The US debt crisis isn't just numbers â it's a ticking time bomb. With Powell's term ending May 2026, the next Fed Chair inherits a tough hand. Debt service is one of the biggest budget line items. What happens next? đ€
Possible Scenarios
- Congress takes action, tackles the debt
- Economy gets shaken by debt burden
- Interest rates stay high, affecting growth
The clock's ticking! đŹ #USTreasury #DebtCrisis #Fed
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