US debt to hit WWII-era extremes with $64 trillion owed, but one market price decides whether Bitcoin benefits

The fiscal mathematics of the United States are drifting toward a threshold that markets can no longer afford to ignore, and a level that, relative to GDP, hasn't transpired since the last world war. ...

The fiscal mathematics of the United States are drifting toward a threshold that markets can no longer afford to ignore, and a level that, relative to GDP, hasn't transpired since the last world war. Washington’s latest budgetary outlook suggests the nation is on a trajectory to accumulate nearly $64 trillion in federal debt over the […] The post US debt to hit WWII-era extremes with $64 trillion owed, but one market price decides whether Bitcoin benefits appeared first on CryptoSlate.