US is going bankrupt fast — Elon Musk
World
December 04, 7:20
US entrepreneur, along with entrepreneur Vivek Ramaswami, will head the newly created "Department of Government Efficiency" in Donald Trump’s administration
NEW YORK, December 4. /TASS/. US entrepreneur Elon Musk warned of his country’s impending de-facto bankruptcy in a post on the X social network.
"America is headed for de facto bankruptcy very fast," he wrote.
Musk, along with entrepreneur Vivek Ramaswami, will head the newly created "Department of Government Efficiency" in Donald Trump’s administration.
The US national debt exceeded $36 trillion for the first time ever on November 15. According to forecasts, the figure is expected to grow to $50 trillion, or 122% GDP, by 2034. The average US GDP growth is forecasted at 1.8% in 2029-2034.