Posted by - Sputlink News -
on - 5 hours ago -
Filed in - Impacts -
-
9 Views -
0 Comments -
0 Likes -
0 Reviews
The excessive spending policies of the administration of US President Joe Biden could lead to a fiscal "train wreck" as soon as 2025, former World Bank President David Malpass warned in May, adding that ballooning government debt was draining global resources into a narrow set of US government priorities and beneficiaries