US Insolvency Warning Issued by Top Economists Amid Mounting Debt Crisis
The US Treasury has declared America insolvent, warning that the country’s mounting debt crisis has reached a breaking point. Famed economists Steve Hanke and David M. Walker say the situation is dire, with the government holding $6.06 trillion in assets but facing staggering $47.78 trillion in liabilities. However, unlike traditional households or businesses, the US … Read more