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The World’s Newest Emerging Market

Summary by Project Syndicate
An emerging market can be defined as one in which doubts about debt sustainability drive the exchange rate. That is exactly what has been happening in the United States since Donald Trump's return to the White House.

2 Articles

Project SyndicateProject Syndicate
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The World’s Newest Emerging Market

An emerging market can be defined as one in which doubts about debt sustainability drive the exchange rate. That is exactly what has been happening in the United States since Donald Trump's return to the White House.

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Business TimesBusiness Times

The world’s newest emerging market

YOU do not have to place your ear to the ground to hear the rumble. People are saying what was once unthinkable: The US could be headed towards a public-debt crisis.

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Bias Distribution

  • 100% of the sources lean Left
100% Left

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Project Syndicate broke the news in on Tuesday, August 5, 2025.
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