US Heading to Fiscal ‘Train Wreck’ in 2025 Due to Large Debt, Spending Surges – Ex-World Bank Head

US Heading to Fiscal ‘Train Wreck’ in 2025 Due to Large Debt, Spending Surges – Ex-World Bank Head

WASHINGTON (Sputnik) – The large national debt and excessive spending policies of the US government could lead to a fiscal “train wreck” as soon as 2025, former World Bank President David Malpass said on Monday.

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