Russian billionaire Oleg Deripaska described the situation with the rising US national debt as almost hopeless. Businessman shared his views telegram channel.
According to Deripaska, if the proposals to increase economic growth rates to 10 percent per year are not implemented, the dollar may lose more than half its value. The businessman believes that it is unlikely to reduce the country’s spending by $2 trillion a year due to politicians’ concerns about the future.
Deripaska also noted that a possible devaluation of the dollar would be a blow to “the poorest segments of American society.”
Before that, the RIA Novosti agency, based on data from the American statistical service, US National Debt can handle $34 trillion at the beginning of December 2023. The agency’s material noted that the last trillion in federal government debt was built up three times faster than the previous one. At the same time, the national debt rose from $30 trillion to the current $33 trillion in a year and a half. It was announced that the US national debt increased by 10.9 billion dollars every day in the last three months.
September 19 United States Department of the Treasury reportedThe country’s national debt reached $33 trillion for the first time. The official website of the US Treasury states that as of September 18, the total amount of US public debt is 33.04 trillion dollars.
previously economist warned Kiev spoke about the risks associated with the growth of external debt.
Source: Gazeta
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