New Study Warns of Unsustainable Growth in US Debt-to-GDP Ratio
Tuesday, 2 April 2024, 22:03
US Debt Forecast: Alarming Projections
A recent study based on a million simulations has raised serious concerns about the trajectory of the US debt-to-GDP ratio, projecting it to reach a staggering 123% by 2024.
Unsustainable Growth:
The findings suggest that the current path is unsustainable and highlights the urgent need for fiscal adjustments and policy changes to avert a looming crisis.
- Debt-to-GDP ratio projected to hit 123% by 2024
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.