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Elon Musk repeats his US may go bankrupt warning with 'debt chart'; says "We either fix this or ..."In the post, the user shares a graph to show the US’ outstanding debt and said: “The United States has a severe spending problem. Current national debt is now at $36 trillion and growing.
The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and remains stubbornly high, ...
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
The ever-worsening debt outlook led Fitch to downgrade the US credit rating from AAA to AA+. The same year, Moody’s changed its outlook for US creditworthiness from stable to negative.
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