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- October 13, 202618°
- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,188.10-0.06%
- INTEREST37.00%-1.00
- BITCOIN81,374-0.47%
- October 13, 202618°
Elon Musk: The US National Debt Has Reached a Critical Level
Elon Musk highlighted the debt crisis related to the US national debt exceeding 39 trillion dollars. The interest on the debt has surpassed the Defense Department's budget, artificial intelligence...
Tesla and SpaceX CEO Elon Musk made important statements following the US national debt reaching 39.1 trillion dollars. Musk described the scale of the country's debt crisis as unimaginable, emphasizing that the interest payments on the debt have surpassed the Defense Department's budget and that this situation is unsustainable. Musk said that if progress is not made in artificial intelligence and robotics technologies, the debt crisis will worsen and could have serious economic consequences. Musk stated that the US needs to control its federal spending, warning that otherwise the country could enter a financially difficult period.
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