
CNBC Special Report: America's Deficit Reckoning 7/7/25
Squawk Pod
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Examining U.S. Fiscal Health
This chapter reviews the precarious state of the U.S. economy amidst rising fiscal deficits and the implications of being the global reserve currency. A key expert discusses the balance between maintaining trust in U.S. Treasuries and the necessity of prudent fiscal policies. It highlights the urgent need for a new social contract to navigate the challenges posed by increasing debt levels and their impact on future generations.
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