News@lemmy.worldEnglish · 18 days ago

US debt set to soar above Italy and Greece after Trump’s ‘big, beautiful bill’

www.theguardian.com

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US debt set to soar above Italy and Greece after Trump’s ‘big, beautiful bill’

www.theguardian.com

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 18 days ago

While the European countries have brought their spending under control, the US president’s tax cuts and defence spending will lead to increased borrowing

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gedaliyah@lemmy.worldM
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18 days ago
Yep, if China is selling of its US bonds, they we have to ask who is going to buy them. Overall weakens the USD.

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