Billionaire Warns of BRICS Threat to Dollar Dominance: UST Yellen Says Everything is FineOn February 19, 2024By Awake-In-3DFred Smith, the founder and executive chairman of FedEx, has voiced serious concerns over the United States’ surging public debt, highlighting its potential to precipitate a catastrophic fiscal crisis. Smith underscored the alarming projections from the Congressional Budget Office (CBO), which forecasts the U.S. federal debt held by the public to escalate from 99 percent of the gross domestic product (GDP) in 2024 to a record 116 percent by 2034, and further exceed 170 percent by mid-century. Smith also highlighted the risk posed…
Romeo Full Staff
Comments