Paul Tudor Jones Sounds Alarm on U.S. Debt Crisis Billionaire investor Paul Tudor Jones has raised alarms over the burgeoning U.S. federal debt, which he refers to as a “debt bomb” that may soon reach a critical juncture. In a candid discussion with CNBC, Jones discussed the severity of the current U.S. economic situation, which is significantly buoyed by the government’s extensive borrowing and spending. This reliance on debt, according to Jones, poses a substantial threat to the nation’s financial stability. He points out that projections from the Congressional Budget Office (CBO) indicate that by 2024, the cost of servicing the U.S. debt is expected to eclipse other major expenditures, including defense and Medicare, marking a concerning milestone in the country’s fiscal trajectory. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Federal Reserve expected to cut rates, lift Biden’s prospects READ MORE Biden’s Hot Economy Stokes Currency Fears for the Rest of World READ MORE Why You Should Pay Off Your Credit Card ASAP READ MORE Workers’ paychecks grew faster in the first quarter, a possible concern for the Fed READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment