Mark Zandi, chief economist at Moody's Analytics, foresees a looming economic crisis as the U.S. surpasses a 100% debt-to-GDP ratio. With a staggering annual budget deficit of two trillion dollars and national debt exceeding forty trillion, investor confidence is dwindling. Compounding these issues are rising interest rates and turmoil in the bond market, raising urgent fiscal red flags.
Mark Zandi, chief economist at Moody's Analytics, foresees a looming economic crisis as the U.S. surpasses a 100% debt-to-GDP ratio. With a staggering annual budget deficit of two trillion dollars and national debt exceeding forty trillion, investor confidence is dwindling. Compounding these issues are rising interest rates and turmoil in the bond market, raising urgent fiscal red flags.
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