RandAlThor@lemmy.ca to

News@lemmy.world · 2 days ago

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

uk.finance.yahoo.com

469

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 · 2 days 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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spend everything on protection without starving.
- redsand@lemmy.dbzer0.com
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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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