Russian tycoon questions how US will pay debts ...News

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Russian tycoon questions how US will pay debts
source : Russia Today ( News ) () 25
Coupled with exorbitant budget spending, Washington’s deficit threatens economic growth, according to businessman Oleg Deripaska The US government is facing challenging times as it has to pay interest on the nation’s ballooning debt, Russian businessman Oleg Deripaska wrote on Friday on his Telegram channel. The US national debt hit another record high in mid-September, surpassing $33 trillion. In early October, it spiked by $275 billion in a single day. According to the International Monetary Fund (IMF), US government debt is expected to increase from 123.3% of GDP in 2023 to 126.9% in 2024, and ultimately to 137

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