Is the U.S. Government's $32.5 Trillion Debt Tab the Start of a Crisis? Not According to Billionaire Investor Ken Fisher
In recent weeks, the U.S. government has added roughly $1 trillion of debt, bringing its total debt load to more than $32.5 trillion. It's a dizzying number to fathom, and many people, like billionaire investor Ray Dalio, have suggested the U.S. is entering the beginning of a "late, big cycle debt crisis."
While the debt has grown to what appears to be a startling amount, billionaire investor Ken Fisher believes the concerns are overblown and that investors are actually looking at the debt in the wrong way. Here's why.
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Source Fool.com
