Bank of America CEO sounds the alarm: The U.S. economy may lose its special status due to debt problems
Mohinihan believes that if the United States does not balance its spending with economic growth, it will regret it. If this problem is not solved, the United States may lose its position as the "gold standard" of the economy.
At the same time, he stated that the debt problem is not a problem that can be dealt with in the first week of the new government's tenure, nor is it a problem that the old government can continue to govern - this is a discipline problem that spans time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 10% APR and trade to unlock an additional pool of 50,000 USDT
Bitget Spot Margin Announcement on Suspension of SANTOS/USDT, MYRO/USDT, DUSK/USDT, PHB/USDT, ALPINE/USDT Margin Trading Services
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
