Hotshot Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’
Joao Gomes of the Wharton School predicts that America’s $34 trillion debt burden may upset the world’s financial markets as early as next year, assuming that a president-elect announces a raft of expensive policies.
・ From Fortune