Elon Musk says AI and robotics will solve the US debt crisis within three years by driving productivity beyond inflation.
Musk said that because AI and robotics could lead to a significant increase in output, it would likely lead to deflation – which is the opposite of inflation and results in a decrease in the price ...
Elon Musk believes artificial intelligence and robotics can solve America's debt crisis in three years. He argues ...
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How U.S. debt stacks up against other countries
The United States now carries one of the largest public debt loads in history, and the raw figures are staggering enough to ...
As we mentioned in our recent Midyear 2025 Outlook: Pragmatic Optimism, Measured Expectations, we expect bond market action to continue to swing between concerns over slowing economic data (lower ...
WASHINGTON, DC: The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department headquarters building on April 24, 2025, in Washington, DC.
The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to rack up debt at a record-setting pace. New ...
This is read by an automated voice. Please report any issues or inconsistencies here. In 1980, when President Reagan took office, America’s publicly held debt reached more than $712 billion (about ...
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