• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

The Threatening Scale of US Public Debt: Impact on the Eurozone

user avatar

by Giorgi Kostiuk

8 months ago


As the global economy seeks stabilization, U.S. public debt has garnered renewed attention from international institutions.

A Public Debt of Historical Proportions

U.S. public debt has reached 125% of GDP in 2024, with the budget deficit rising to 6.4% of GDP. This situation is partly attributed to current economic policies, including promises of tax cuts and sustained public spending. Luis de Guindos, ECB's vice-president, warns that debt might increase by $15 trillion over the next decade.

The debt could explode with an additional $15 trillion over the next decade.Luis de Guindos

Global and European Repercussions

U.S. public debt poses a threat to the global economy. With 23% held by foreign investors, a crisis could impact international financial markets. In Europe, consequences are also significant, as the ECB strives to stabilize inflation amidst disappointing economic performance.

The rest of the world has a lot to lose in the event of a U.S. debt crisis.Maria Vassalou

Need for International Coordination

Despite the U.S.'s attractiveness to investors due to currency-based debt issuance, rising tensions and protectionist policies might reverse this trend. Prudent management of these challenges is essential to avoid a global financial crisis, while the eurozone must enhance economic resilience to protect against potential upheavals.

American public debt reflects global imbalances and calls for international coordination to stabilize the financial system.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Bullish, the Crypto Exchange Backed by Peter Thiel, Prepares for IPO

chest

Bullish has filed for IPO, seeking to enter the public market and compete with major players.

user avatarGiorgi Kostiuk

USDC Use on Stellar and Its Impact on XLM Value

chest

Statistics show a rise in USDC transactions on Stellar, indicating growing utility that fuels speculation on XLM prices.

user avatarGiorgi Kostiuk

Litecoin Records New Open Interest at $761 Million. Is LTC Heading to $120?

chest

Litecoin has reached a new record open interest of $761 million, and 66.3% of addresses are in profit, raising hopes for a price increase to $120.

user avatarGiorgi Kostiuk

World Liberty Announces WLFI Token Launch Valued at $16 Billion

chest

WLFI token by World Liberty plans to debut with a $16 billion valuation, with significant backing from DT Marks DEFI LLC.

user avatarGiorgi Kostiuk

Impact of GENIUS Act: Trump Establishes Federal Stablecoin Guidelines

chest

President Trump has signed the GENIUS Act, establishing federal regulations for stablecoins and impacting the U.S. crypto landscape.

user avatarGiorgi Kostiuk

New Opportunities in the Meme Cryptocurrency Market: Troller Cat Gaining Popularity

chest

Exploring the rise of Troller Cat amid shifts in meme cryptocurrencies and the current status of Shiba Inu and Pepe.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.