The US economy is inching towards a potential market meltdown, as warned by the Congressional Bureau Office. According to a new report, the rising US debt metrics are putting pressure on the US bond market, which could ultimately prove lethal for the nation’s credit rating.
Per CNN, the soaring debt metrics are suffocating the US economy, gradually causing the region to undergo a stark market meltdown. The region may soon experience a serious economic pitfall if its debt metrics are left untreated and rogue.
Also Read: Currency: US $1 Trillion Debt Shows No Signs of Stopping
Economic Meltdown to Engulf the US?
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A recent report by CNN has stirred interest in whether the United States of America is slowly embracing its market demise.
According to the warning issued by the Congressional Bureau Office, the nation’s skyrocketing debt ratio may impact the US…
