UK debt exceeds 100% of GDP for first time since 1961
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The United States’ government debt has reached 122.8% of its GDP. This scares many people, but it’s far from the worst among developed countries (the worst is Japan, with a ratio of 263%). Here are the most unsustainable government debts in the European Union. | Sunday Roast
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U.S. NATIONAL DEBT SURPASSES $34 TRILLION The United States Congress has approved trillions in emergency spending over recent decades — from financial crises to pandemic relief and defense expansion. As a result, America’s national debt now exceeds $34 trillion, raising concerns among economists and global investors. Important Details: • $34 trillion national debt • Emergency spending programs expanded • Rising interest payment obligations • U.S. Treasury bonds globally held • Dollar remains wor
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