Profstonge Weekly

Profstonge Weekly

"Last Chance" to Grow out of the $37 Trillion Debt

Peter St Onge's avatar
Peter St Onge
Jan 24, 2025
∙ Paid

America faces a “last chance” to grow out of our debt before we plunge into European-style stagnation.

So says Trump’s pick for Treasury, Scott Bessent. Who, Senate willing, will be replacing Janet Yellen.

Bessent's not wrong, with the national debt set to hit $37 trillion in the next couple months — almost a third above the World War 2 record. And debt …

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