In the final installment of the Global Economic Outlook series, Viet Hustler has made the following assessment: Public debt will be the biggest economic risk in the next 10 years… and the story has just begun.
As of 2023, the total US debt has reached >USD 33,118 billion, equivalent to USD 255,353 in debt per US taxpayer. National debt is not just a government issue, but a burden on every citizen!
Only a few hours left (from the time Viet Hustler prepared this article) before the US government has to shutdown most public activities if the two ruling parties cannot agree on a public spending plan.
