Posted 4/3/2024, 11:25:43 AM
Ken Griffin Warns Investors of 'Irresponsible' National Debt Levels, Challenging Economic Outlook Ahead
- Ken Griffin raised alarm about growing national debt in letter to Citadel investors
- CBO projects surging interest payments on debt, rising from 3.1% of GDP now to 6.3% in 30 years
- CBO forecasts widening budget deficits, reaching 8.5% of GDP in 30 years
- Griffin called debt levels "irresponsible" with low unemployment
- Sees challenging economic landscape ahead with modest growth and persistent inflation
