Prof Galloway Warns Trump Policies Are Bankrupting America Amid Rising Debt
Business professor Scott Galloway argues that President Donald Trump’s policies are effectively bankrupting the United States, citing rising deficits, excessive military spending, and diminishing economic leverage. With the U.S. national debt approaching $39 trillion and exceeding the size of the economy, Galloway contends that resource allocation no longer justifies the resulting value. The Congressional Budget Office projects interest payments will double to $2.1 trillion by 2036, while rating agencies like Moody’s have downgraded the U.S. credit outlook due to fiscal instability. In response to these warnings, investors are increasingly diversifying away from traditional portfolios. Gold has emerged as a preferred safe haven, with prices reaching record highs in 2025 amid inflation and geopolitical uncertainty. Additionally, income-producing real estate is gaining traction as a hedge against market volatility. While the U.S. faces no immediate sovereign bankruptcy, experts warn that escalating debt servicing costs could severely constrain future economic growth, prompting a strategic shift toward assets perceived as stores of value during periods of fiscal distress.
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