America's Mounting Debt Crisis: Echoes of Hamilton's Warning.
The U.S. faces a staggering public debt surpassing $34 trillion, far exceeding what Alexander Hamilton deemed beneficial. With a debt-to-GDP ratio of 120%, alarm bells are ringing among financial leaders like Jamie Dimon and Brian Moynihan. Nassim Taleb warns of a "death spiral," while Fed chairman Jerome Powell urges an urgent "adult conversation" on fiscal responsibility. America's fiscal future hangs in the balance.
