The U.S. economy is in for a rocky road ahead if the national debt skyrockets as predicted. Such a move could follow the lifting the debt ceiling, which has just been tentatively agreed upon. Alarm bells have started ringing for economists and analysts following an agreement to suspend the U.S. federal debt ceiling. U.S. National Debt Crisis Deepens On May 29, professional trader and market analyst Mati Greenspan commented on the removal of the debt limit: “If this bill passes, the US government will have unlimited spending power for the next year and a half. This chart is about toGo to Source
Author: coinmaker