Elon Musk recently issued a stark warning about the economic situation in the United States, focusing on the country's mounting debt, which has surged past $35 trillion. Musk described this debt level as “unsustainable” and suggested that, without serious intervention, it could lead to financial instability or even “bankruptcy” on a national scale. His comments come at a time when cryptocurrency markets, particularly Bitcoin and Dogecoin, have seen considerable price increases.
Musk’s warning highlights his concerns about long-term economic stability and the potential consequences of high national debt on future generations. His views reflect broader worries from economists and financial experts who believe that the current rate of spending and debt accumulation could undermine the U.S. economy if not addressed.
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