Research Firm Says the US Economy Is Facing Threat of Soaring Debt, Rising Interest Rates

30 October 2023

Renaissance Macro Research warns of a triple threat to the US economy: escalating debt, rising interest rates, and protectionist trade policies. These factors are expected to shape the economic and investment climate for years, with the federal debt at $33 trillion and interest rates increasing the cost of government debt. Protectionist measures could further strain the economy by raising costs and fostering dependency on government aid.

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