• 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

Israel and Iran: Potential Military Action and Its Consequences

chest

Recent Israeli statements about potential military action against Iran highlight increasing tensions in the region.

user avatarGiorgi Kostiuk

Nicholas Truglia Receives 12-Year Sentence for Refusal to Repay $20 Million

chest

Nicholas Truglia was sentenced to 12 years for refusing to repay over $20 million acquired from SIM-swapping scheme.

user avatarGiorgi Kostiuk

Robinhood Offers Ethereum and Solana Staking for US Users

chest

Robinhood now provides ETH and SOL staking services for American users starting from just $1.

user avatarGiorgi Kostiuk

Keyrock Report Shows Minimal Influence of Corporate Treasuries on Bitcoin Price

chest

A new study reveals that corporate treasuries do not significantly affect Bitcoin price movements.

user avatarGiorgi Kostiuk

Cryptocurrency Market: Potential Threats and Turns

chest

Recent shifts in the cryptocurrency market may herald possible downturns due to short position liquidations.

user avatarGiorgi Kostiuk

Surge in Cryptocurrency Prices: Prepare for Potential Drops

chest

Despite the current rise, potential market movements warn traders of upcoming declines in cryptocurrency prices.

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.