Americas greatest enemy is its US$35 trillion in debt
Bangladesh, April 14 -- In the difficult web of global finance, one factor stands out as Americas greatest vulnerability: its staggering US$35 trillion debt. With a daunting deficit of US$1.6 trillion this year alone and interest payments soaring to US$1 trillion, the United States faces a precarious future. Should the US dollar lose its status as the primary global reserve currency and encounter a formidable rival, the repercussions could be catastrophic, triggering a collapse of the entire American financial system.
Echoes of warning resound in Admiral Mike Mullens words, who famously declared that the national debt poses the gravest national security threat to America. His sentiment rings true as the US grapples with its colossal debt...
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