Elon Musk has cautioned about the US economy, suggesting potential bankruptcy if the national debt crisis isn't addressed. He highlighted that a significant portion of tax revenue is allocated to interest payments on the $37 trillion national debt. Musk's concerns echo previous warnings about the escalating debt and its implications for the nation's financial stability.
from Times of India https://ift.tt/qhbE1zX
Elon Musk gives another ‘America bankruptcy’ warning: ‘All tax revenue will go to paying…’
June 16, 2025
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