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US Market Crash, Crisis Could Result From Swelling US Debt: Joao Gomes

If the US doesn't adjust fiscal policy, markets could have a reaction similar to the UK's 2022 financial crisis, Wharton professor Joao Gomes said.

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US Debt to Worsen Like Global Warming, Driving Inflation: Bill Gross

As the US relies on deficits for growth, debt will continue to compound, making it a serious problem the coming decade, Bill Gross said.

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Bond-Market Crash: 4 Charts Showing Why the US s Debt Mountain Is a Factor

Concerns about the deficit have fueled the Treasury-bond market meltdown of the past few weeks. These charts show why Wall Street is worried.

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US Debt Looks Unsustainable, and Corporate Defaults Are Rising: IMF

"Under unchanged policies, debt dynamics in the US are very unfavorable," according to the International Monetary Fund.

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World economy on red alert as £26trn US debt default would have huge ramifications | World | News

US federal debt has skyrocketed over recent years, triggering fears the world s biggest economy could slump into recession and have a huge impact on global stock markets.

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