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Great reset update: $50 Trillion debt coming | Mauldin Economics
Flick Photo by Marta Nimeva Nimeviene

Great reset update: $50 Trillion debt coming | Mauldin Economics

Analyst John Mauldin shares his opinions in the crippling US debt. It was mentioned that the growing global debt load is unpayable and that we have to reorganize the financial structure in what he calls The Great Reset. His analysis is based on the information provided by the Congressional Budget Office (CBO) where it was projected to put US debt at $35 trillion+ by the end of 2029. Under his preliminary assumption, the debt will be breaching $50 trillion in 2030. However, he is still optimistic about the opportunities ahead of the country where technological advancement and growing entrepreneurs will create revenue and jobs.

Source: https://www.mauldineconomics.com/frontlinethoughts/great-reset-update-50-trillion-debt-coming

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