Why America’s $40T debt load is unlikely to cause a fiscal Armageddon
The doom and gloom scenario is that the US is facing a debt crisis, one that will spur crippling interest-rate hikes and a massive sell-off in stocks.
Last updated: 2026-08-22 11:48:16 ET
The doom and gloom scenario is that the US is facing a debt crisis, one that will spur crippling interest-rate hikes and a massive sell-off in stocks.
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