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Musk believes United States is headed for de facto bankruptcy
America is approaching de facto bankruptcy. This was stated by Elon Musk, who became the head of the Department of Government Efficiency under the Trump administration.
The U.S. national debt is the largest in the world. At the same time, it continues to break all new records. Since the beginning of the year, the debt has grown by 2 trillion dollars and now exceeds the mark of 36 trillion.
Elon Musk warned: the economic outlook for the US is unfavorable. There is no way for the government to get rid of the debt under the current conditions.
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