U.S. economy is experiencing 'death by a thousand cuts', says Deutsche Bank

US Faces ‘Death By A Thousand Cuts’ As National Debt Tops $36 Trillion, Cautions Deutsche Bank: '...The Drip, Drip, Drip Of Poor Fiscal News Building Up...' - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

The U.S. economy is facing a potential crisis as the national debt continues to rise, sparking concerns among economists and analysts. What Happened: Deutsche Bank’s Jim Reid expressed his concerns about the U.S. fiscal situation. He described it as experiencing a “death by a thousand cuts,” indicating the gradual erosion of confidence in the country’s fiscal future, reported Fortune. Reid’s comments came in response to the U.S. losing its final…

'Death by a thousand cuts': Major bank sounds alarm on Trump's handling of economy

The state of the United States' economy is much shakier than previously thought under President Donald Trump's leadership, according to one major international bank.The New Republic reported Tuesday that Deutsche Bank managing director Jim Reid, who is the bank's global head of macro research and thematic strategy, is now expressing increasing worry that Trump's policies are gradually wrecking the economy. In a memo obtained by Fortune, Reid rem…

Deutsche Bank warns that U.S. economy is experiencing ‘death by a thousand cuts’

The United States’ national debt has reached an unprecedented $36.2 trillion, sparking intensifying concern from economists and financial institutions. The escalating debt burden has prompted warnings that the country’s long-standing fiscal credibility may be at risk, especially as growth in the economy may no longer be sufficient to sustain rising interest payments and public spending. […]

U.S. economy is experiencing 'death by a thousand cuts', says Deutsche Bank

Deutsche Bank's Jim Reid says Moody's recent debt downgrade continues a drip of bad fiscal news for the American economic outlook.