List of Flash News about financial burden
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2025-02-23 15:24 |
US Government's $2.4 Trillion Net Operating Costs in 2024: Implications for Cryptocurrency Markets
According to The Kobeissi Letter, the US government reported $2.4 trillion in net operating costs for 2024, representing approximately 43% of its total assets. This significant financial burden, coupled with an average annual deficit of $2.2 trillion since 2020, totaling approximately $10.8 trillion over five years, raises concerns about the US economy's stability. Such fiscal instability could influence cryptocurrency markets as investors potentially seek alternative assets to hedge against traditional market risks. |