The US fiscal situation is much worse than that of other major economies:
The US federal budget deficit stands at -6.0% of GDP, the largest among all G7 nations.
The budget gap is also more than TWICE as big as the G7 average of -3.0%.
By comparison, France and the UK are running deficits at -5.0% of GDP.
By 2028, the US deficit is expected to widen to -7.5% of GDP, near the highest since 2021.
At the same time, Italy and Canada are projected to run deficits at -2.0% of GDP over the same period.
The UK, France, Germany, and Japan are all expected to hold deficits below -5.0%.
The US is on an unsustainable fiscal path.
Los demás han ido normalizando sus déficits tras el Covid. EEUU no. Incluso el nuevo cargo “DOGE” que le puso a Musk de limpiar de excesos, de meter la motosierra para cortar lo que no merecía la pena, no funcionó… Es un completo desastre…
S&P 500 en máximos históricos
Déficit al 6% del PIB, el doble de la media del G7
A nadie parece importarle
Abrazos,
PD: Un recuerdo del viaje de San Juan Pablo II a Madrid en 2003:
A mi se me quedó grabado e el corazón: hablar de Cristo a todo el mundo…
