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Bank of America CEO sounds the alarm: The U.S. economy may lose its special status due to debt problems

Bank of America CEO sounds the alarm: The U.S. economy may lose its special status due to debt problems

CointimeCointime2024/10/17 02:54
By:Cointime

Mohinihan believes that if the United States does not balance its spending with economic growth, it will regret it. If this problem is not solved, the United States may lose its position as the "gold standard" of the economy.

At the same time, he stated that the debt problem is not a problem that can be dealt with in the first week of the new government's tenure, nor is it a problem that the old government can continue to govern - this is a discipline problem that spans time.

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