Thursday, 27 August

Thursday, 27 August2026

Sleepwalking into Crisis: Moody’s Chief Economist Warns of U.S. Fiscal Reckoning

By TechShots Studio
Sleepwalking into Crisis: Moody’s Chief Economist Warns of U.S. Fiscal Reckoning
Moody's Analytics chief economist Mark Zandi warned that the U.S. is "sleepwalking" into a severe economic crisis. With national debt topping $40 trillion, a 100%+ debt-to-GDP ratio, a $2 trillion annual budget deficit, and rising interest rates driving bond market turmoil, Zandi cautioned that all economic indicators are screaming danger, likely requiring an external shock to force necessary fiscal reforms.

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