PANews丨APP全面升级|Mar 31, 2026 06:14
Powell speaks out with a warning: U.S. debt is spiraling out of control!
Fed Chair Powell stated that the federal government's debt is growing significantly faster than the economy, and this ratio keeps climbing.
In the long run, this is basically the definition of 'unsustainable.'
The size of the debt itself isn’t the issue, but this path won’t work. We don’t need to pay off all the debt, just maintain a basic fiscal balance and ensure economic growth truly outpaces debt growth.
'If we don’t act quickly, the outcome won’t be pretty.'
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