Categories: Top Stories

Moody’s economist Mark Zandi warns: ‘We got a problem’

Mark Zandi, chief economist at Moody’s Analytics, foresees a looming economic crisis as the U.S. surpasses a 100% debt-to-GDP ratio. With a staggering annual budget deficit of two trillion dollars and national debt exceeding forty trillion, investor confidence is dwindling. Compounding these issues are rising interest rates and turmoil in the bond market, raising urgent fiscal red flags.

The News Vista

Share
Published by
The News Vista

Recent Posts

Evening news wrap: China warns barrier lake near Nepal border could breach; 288 Indians unaccounted for in Nepal floods, and more

A critical situation is unfolding as a barrier lake close to the Nepal border risks…

48 minutes ago

Altman defends himself after admitting he got AI’s speed wrong; blames society again

Days after admitting he misjudged how quickly AI would disrupt the economy, Sam Altman has…

52 minutes ago

‘Learn Marathi in 1 year’: Maharashtra govt extends deadline for auto, taxi drivers

Maharashtra's chief minister has taken a progressive step by implementing a one-year learning phase for…

1 hour ago

Indian, Vietnamese Coast Guards conclude joint exercise off Chennai coast – ThePrint

Indian, Vietnamese Coast Guards conclude joint exercise off Chennai coast  ThePrint

1 hour ago