Rogoff Warns: Biden and Trump Policies Could Skyrocket US Debt Kenneth Rogoff, a Harvard University economics professor, voiced concerns over the potential for both President Joe Biden and Donald Trump to significantly increase US debt. Speaking on Bloomberg Television’s Wall Street Week, Rogoff criticized the casual stance of Washington towards national debt, cautioning against the expectation that the era of ultra-low interest rates will return. Despite the difficulty in pinpointing a debt ceiling, with projections suggesting federal debt could rise to 116% of GDP by 2034 from today’s 99%, Rogoff emphasizes the impending challenges of maintaining such high debt levels. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Stocks Rise; Key Economic Updates and Corporate Earnings on the Horizon READ MORE NYCB Sheds Mortgage Servicing Arm in $1.4B Deal with Mr. Cooper READ MORE Why Do Most Nations Use Fiat Money Today? READ MORE Italian Jewelry Exports Soar on Turkish Gold Demand READ MORE Gold Climbs as Powell Paves Way for September Rate Cut READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment