28 November 2023
The United States is at risk of a debt spiral and fiscal crisis, with the national debt surpassing $33 trillion in 2023. Economists warn that the government’s deficit spending and the Federal Reserve’s strategies to manage debt are increasingly ineffective. Investor confidence in U.S. Treasurys is declining, as evidenced by downgraded ratings and growing skepticism over the U.S.’s ability to manage its debt without causing inflation or default. Restoring investor trust in U.S. financial stability is becoming a critical challenge.