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$40 Trillion US Debt Spiral Threatens Global Markets, CEO Warns
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: U.S. debt has crossed $40 trillion, intensifying concerns about interest costs and long-term borrowing pressure. Devere Group CEO Nigel Green warns that the resulting feedback loop could affect bonds, equities, currencies, and household financing worldwide. US Debt Creates a Costly Feedback Loop Rising federal interest costs could intensify financial-market pressure without an economic downturn or […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH / Bearish Global Markets Impact: Major Impact Horizon: Long-term (1 quarter-1 year) Reasoning: US debt crisis could trigger global financial instability, weakening risk assets and crypto markets.