RandAlThor@lemmy.ca to

News@lemmy.world · 4 months ago

America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky

uk.finance.yahoo.com

453

America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky

uk.finance.yahoo.com

RandAlThor@lemmy.ca to

News@lemmy.world · 4 months ago

The risk is “that we move from going broke slowly to going broke quickly,” Kelly says.

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FiveMacs@lemmy.ca
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4 months ago
spend everything on protection without starving.
- redsand@lemmy.dbzer0.comBannedBanned from community
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  When you expect bank runs and inflation you don’t save money you spend it on assets or survival and debt becomes meaningless.

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