RandAlThor@lemmy.ca to

News@lemmy.world · 3 days ago

America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky

uk.finance.yahoo.com

cross-posted to:
economics@lemmy.world

472

America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky

uk.finance.yahoo.com

RandAlThor@lemmy.ca to

News@lemmy.world · 3 days ago

cross-posted to:
economics@lemmy.world

The risk is “that we move from going broke slowly to going broke quickly,” Kelly says.

Chat

WanderWisley@lemmy.world
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3 days ago
Being broke, hungry, sick, and unemployed is good for the economy! 🫲🍊🫱
- Lushed_Lungfish@lemmy.ca
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  3 days ago
  Actually yes. You being broke, hungry, sick and unemployed is good for the top one percent’s economy.
  - FosterMolasses@leminal.space
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    3 days ago
    Not for long…

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