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FedEx Founder Sounds The Alarm, Issues Warning To Americans! - Atlantis Report

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The gross federal debt of the United States has surpassed 34 trillion dollars.  ”For years, those of us weary of growing government debt argued that it could become extremely expensive if interest rates were to rise. This was particularly worrisome, considering the short-term maturity of our debt,” said Veronique de Rugy, a senior research fellow at the Mercatus Center at George Mason University. “Now the time has come, and it seems to be having no impact on the behavior of those in Congress.”

Federal Reserve chief Jerome Powell has recently sounded the alarm, characterizing the nation’s trajectory with regard to its national debt as “unsustainable.” Powell’s remarks underscore the pressing need for a candid and pragmatic dialogue among elected officials to chart a course towards restoring fiscal stability.

In early January, JPMorgan issued a stark warning, likening the 34 trillion dollars national debt to a ‘boiling frog’ scenario for the US economy. This analogy vividly portrays the perilous nature of allowing a problem to escalate gradually until it reaches a critical threshold. Just as a frog fails to perceive the danger of slowly heating water until it’s too late, the gradual accumulation of debt poses an existential threat to the nation’s economic well-being if left unaddressed.

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    Total 2 comments
    • Slimey

      IF the money is phony – so is the debt. The belief it is, however, is very real. :lol:

    • truck driver

      FedEx imports their worker’s,

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