Opinion: If Musk doesn't help the US government, it may shut down
The Chief Economist of ANZ Bank Greater China, Yang Yuting, mentioned at the 2025 China Chief Economist Forum Annual Meeting that the US public debt has now reached 36 trillion, exceeding the limit of 31.4 trillion. "In the past two years, an additional $2 trillion in debt was added each year. Unless Musk can really help by reducing America's deficit and its debts, I think there is a high possibility that a shutdown will occur in the U.S federal government which would also impact the American economy to some extent."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dark Defender: The Upcoming Week Is Expected to Be Surprising. Here’s why
A New Altcoin Has Joined the Top 10 Cryptocurrencies—Today’s Rally Triggered a Wave of Liquidations
75 billion Shiba Inu (SHIB) were added to exchanges within 24 hours.

Inside the Gold Super Cycle and Why XRP Stands to Gain