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Billionaire Elon Musk recently predicted that the United States will go bankrupt, responding to Dogecoin co-founder Billy Marks' criticism of the US government's financial management. He cited statistics from economist E.J. Anthony, emphasizing that the interest on the US federal debt accounts for 76% of personal income tax, reflecting the dire situation of the country's finances. Musk's prediction has triggered widespread concerns about US fiscal policy and the rising national debt.
Key points:
- Elon Musk's warning that the United States is heading for bankruptcy has attracted widespread market attention.
- Billy Marks mentioned that the interest on the federal debt has seriously affected US tax revenue.
- Musk has also pointed out before that if the government's excessive spending does not stop, the United States will go bankrupt.
- Marks commented on the government's practice of spending billions of dollars to recover part of the tax revenue in a sarcastic way.
- The blurt-out remarks reflect the public's disappointment and skepticism about the government's financial responsibility.
- Musk's views are shared by many economic observers who worry that continued high spending will lead to serious consequences.
- The issue of the United States' financial stability has become increasingly concerning in recent years, especially in the face of high debt.
