Posted 2/29/2024, 5:41:05 PM
U.S. Debt Soars Over $33 Trillion; Economists Warn of Looming Fiscal Crisis
- U.S. national debt rose by over $213 billion in 23 days between February 1-23
- Former IMF economist Olivier Blanchard says he's "very worried" about U.S. primary deficits
- Blanchard warns U.S. debt levels could trigger next global financial crisis
- Ex-Congressman Ron Paul also warned in November about ballooning U.S. debt
- U.S. currently over $33 trillion in debt, with interest payments dwarfing spending
