"It probably would cause significant deflation." Elon Musk makes bold claim about future of US debt crisis: 'Pretty much the only thing that's going to solve [it]' first appeared on The Cool Down.

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...

America's debt pile has grown so large that it now shapes every conversation about interest rates, markets and long‑term growth. To understand whether that trajectory ends in a full‑blown crisis, I ...

Discover how a national debt crisis affects global economies, disrupting trade, boosting inflation, and affecting currency values worldwide.

Elon Musk says AI and robotics are the only way to solve the US debt crisis. He predicted that growth in goods and services would outpace inflation within three years. Musk said last month that his ...

While optimistic economists argue that America can grow its way out of a debt crisis, pessimists believe the real outcome will be somewhat less popular. Business leaders, policymakers, and investors ...

There is no collapse. No Lehman Brothers moment. Instead it’s a slow burn, a financial treadmill that many are never able to get off. Across the country, households are juggling a web of obligations: ...

Microsoft is launching a suite of autonomous AI agents designed to attack one of corporate America's most expensive and persistent problems: the crushing weight of technical debt that prevents ...

In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a ...

The fall of the French government on Monday because of its failure to get through parliament an austerity program to deal with rising government debt is a very sharp political expression of the ...