Kristalina Georgieva says growth cannot deliver the necessary fiscal adjustment fast enough, as US national debt hits a record $40.3tn and the Treasury disputes the IMF's forecasts.

Kristalina Georgieva says economic growth cannot deliver the necessary fiscal adjustment fast enough, as the US national debt hits a record $40.3tn and the Treasury pushes back on the IMF’s forecasting record.

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  • George KensingtonEnglish
    1·
    20 days ago

    Calling this news is an insult to arithmetic. $40 trillion didn’t appear overnight, and growth was never a magic wand.