Concerns are escalating about the potential impact of the U.S. government's rising debt on the financial markets. Quincy Krosby, speaking on Fox Business, warned that the situation could become 'pretty nasty' for markets when the debt issue becomes critical. Similarly, MarketWatch highlighted the 'extraordinary' level of government debt as a precursor to prolonged bond-market volatility. Business Insider and billionaire investor Leon Cooperman have both pointed out that the increasing national debt could trigger the next financial crisis, with Cooperman emphasizing the severity of the situation. Additionally, RT.com reported that while the U.S. is involved in global conflicts, its national debt continues to grow, worsening rapidly according to experts.
While the US is very busy getting involved in every conflict on the planet, there is one (not so little) issue which looms – their national debt. And according to experts, the situation is actually deteriorating quite rapidly. https://t.co/RJvFC8zq6n
The U.S. is headed for a financial crisis because of soaring national debt warns billionaire investor Leon Cooperman https://t.co/fwh3w9j0Rz
Here's how mounting US debt could trigger the next financial crisis https://t.co/UqxYsm85nw
‘Extraordinary’ U.S. government debt may mean prolonged bond-market volatility https://t.co/rAkVRvJCIu
When US debt matters, it'll be 'pretty nasty' for markets: Quincy Krosby | https://t.co/ecMFUpwZVw @MorningsMaria @FoxBusiness