Elon Musk: America is headed for de facto bankruptcy very fast

WORLD, Dec. 04 (YPA) – American billionaire Elon Musk predicted that the United States is heading toward de facto bankruptcy.

“America is headed for de facto bankruptcy very fast,” Musk posted on the X platform he owns.

At the end of November, the US Department of the Treasury reported that the national debt had reached an all-time high, surpassing $36 trillion.

According to the International Monetary Fund, the US government’s debt is expected to reach 131.7% of GDP by 2029, and by 2032, it will exceed 140%.

@E.Y.M