Tiger'sRichesRumble|Comic Talks | Ballooning to stay afloat

abcjili 2024-08-03

By Liu Juan, Wei Xinyue, Zhao Yishen

Tiger'sRichesRumble|Comic Talks | Ballooning to stay afloat

The UTiger'sRichesRumble.STiger'sRichesRumble. federal government's total public debt has ballooned to 35 trillion U.S. dollars for the first time, making its debt-to-GDP ratio stand at 123.3 percent.

Is that sustainable for the White House to stay afloat by keep borrowing? What would happen if the debt balloon blasts?

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