Fortune
•77% Informative
The U.S. economy is resting atop a public debt exceeding $34 trillion , with its debt-to-GDP ratio sitting at around 120% . Jamie Dimon says Washington is facing a global market "rebellion" because of the tab it is racking up.
Bank of America CEO Brian Moynihan believes it's time to stop admiring the problem and instead do something about it.
Any rise in interest rates will shock younger generations coming up the housing ladder over the next few decades .
Rising rates is also bad news for the already unattainable market.
Investors may no longer want to buy government debt if they fear the government won't be able to pay it back.
VR Score
80
Informative language
79
Neutral language
33
Article tone
semi-formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
15
Source diversity
7
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