Elon Musk Warns: $36 Trillion U.S. Debt Is ‘Terrifying’
Addressing the mounting $36 trillion U.S. national debt has been a critical conversation point among economists, policymakers, and financial enthusiasts. Recently, prolific entrepreneur and Tesla CEO Elon Musk ignited further debate by labeling the nation’s burgeoning debt as “terrifying.” With rising inflation and interest rates exacerbating concerns of an economic “doom loop,” Musk’s innovative approach to leveraging cryptocurrencies may offer a fascinating, albeit contentious, solution to this complex fiscal challenge.