Youth Unrest and U.S. Debt Top $37 Trillion as IMF Warns of Tariff Risks
Worldwide unrest among youth is rising, with many anticipating lower earnings than their parents. Meanwhile, the U.S. federal debt has skyrocketed from $380 billion in 1925 to a staggering $37.64 trillion in 2025. The Supreme Court is set to examine Donald Trump's tariff powers, while the global economy remains resilient despite challenges.
The International Monetary Fund (IMF) advises the U.S. government to tackle the federal debt and promote household savings. Despite major shocks like Donald Trump's tariffs, the global economy is predicted to grow by 3% this year. However, a surge in goods redirected from the U.S. market could spark another round of tariff increases elsewhere.
The full impact of Donald Trump's tariffs is yet to be felt, with potential consequences for U.S. inflation and growth. The U.S. Secretary of the Treasury, Scott Bessent, associated with regulating import taxes and linked to Donald Trump's tariff measures, will play a key role in navigating these challenges.
The IMF's warning about the federal debt comes as youth discontent worldwide intensifies. The global economy's resilience is being tested, with the full effect of Donald Trump's tariffs still unfolding. The Supreme Court's decision on Donald Trump's tariff authority will have significant implications for the U.S. and the global economy.
