Musk Issues Another Warning on $37 Trillion National Debt

BlockBeats News, September 12th, according to Forbes report, Musk once again issued a warning about the spiraling $37 trillion U.S. debt: "Ultimately, our national debt is insanely high... Interest expense on the debt already exceeds the Defense Department budget and continues to grow. If AI and robots can't solve the debt problem, we're screwed," he said during an interview at the All In summit. This year, the total U.S. debt has surged to $37 trillion, with massive spending during the pandemic and the dual pressure of rising interest rates, which may trigger a dollar "crisis."