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Happy Melon
FRANCE 24 English
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Comments by "Happy Melon" (@happymelon7129) on "Kyiv welcomes US House approval of Ukraine aid package • FRANCE 24 English" video.
2024-4-21 (IMF) warns that the huge U.S. fiscal deficit is exacerbating inflation and posing "significant risks" to the global economy. The latest "Fiscal Monitor Report" released by the IMF shows that the U.S. fiscal deficit is expected to reach 7.1% of gross domestic product (GDP) next year, while the average level of other developed economies is only 2%. The Financial Times quoted an IMF report as saying that large-scale U.S. spending could have a profound impact on the global economy and pose risks to other economies. Therefore, the United States urgently needs to solve the serious imbalance between expenditure and revenue.
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