Goldman Predicts Sharp Increase in US Debt-to-GDP Ratio by 2034
Wednesday, 22 May 2024, 07:27
Goldman Predicts US Debt-to-GDP Ratio Surge
Goldman Sachs has recently adjusted its forecast for the United States debt-to-GDP ratio. The new projection now anticipates a substantial increase to 130% by 2034, a significant surge from the previous forecast of 97%.
Concerns on Fiscal Sustainability
This revised forecast has raised serious concerns about the long-term fiscal health of the US economy. With the debt-to-GDP ratio on track to reach unprecedented levels, questions about sustainability and economic consequences abound.
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.