Can the United States Afford to Pay its Loans? | Vantage with Palki Sharma

Can the United States Afford to Pay its Loans? | Vantage with Palki Sharma

The International Monetary Fund has issued a warning about the potential global repercussions of the rising US government debt. The IMF believes increased borrowing costs could potentially destabilise international financial markets. The IMF attributes this risk to the US's higher government spending and elevated interest rates. Additionally, a recent Congressional Budget Office analysis forecasts that American spending on interest payments will reach $870 billion this year, surpassing the $822 billion allocated for defence in 2024. Palki Sharma tells you more.

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United States | Loans | International Monetary Fund | Financial Markets | Congressional Budget Office | Firstpost | World News | Vantage | Palki Sharma

#unitedstates #loans #internationalmonetaryfund #financialmarkets #congress #uscongress #analysis #debtbomb #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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