The US national debt is now growing by $1 trillion every 100 days since 2023. The uncontrolled debt could lead to a financial disaster wreaking havoc not only in the US but across the world. BRICS and other developing countries are worried that a US dollar debt could make their native economies crash…
Keeping the US dollar in reserves is now seen as a threat that could undo years of financial stability, The US dollar national debt now touched a new high of $34.4 trillion and is barely under control.
Elected representatives at Capitol Hill and officials from the Federal Reserve are unable to tame the ever-growing debt, Amid the economic turbulence, Bank of America has issued a warning about a possible US dollar collapse. Moreover, this allows BRICS to spread the de-dollarisation initiative across the world.
