, Columnists
America Needs to Break Its Debt Addiction — Crisis or Not
Bloomberg Opinion’s fiscal hawk takes on its market optimist in a debate about whether the US is on a path to financial ruin.
Shelter from the storm.
Photographer: Jemal Countess/Getty Images North AmericaThis is part of a series of Bloomberg Opinion columns exploring the risks related to the US’s rapidly expanding debt and budget deficit. Other contributions can be read here, here and here.
US federal debt and budget deficits are at extreme levels, putting America on a path toward financial ruin. Or not.