America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky
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Fortune

America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky

Why This Matters

The risk is “that we move from going broke slowly to going broke quickly,” Kelly says.

October 14, 2025
10:39 AM
5 min read
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FinancialBooklet Analysis

AI-powered insights based on this specific article

Key Insights

  • The Federal Reserve's actions could influence inflation expectations across sectors
  • Inflation data often serves as a leading indicator for consumer spending and corporate pricing power
  • Financial sector news can impact lending conditions and capital availability for businesses

Questions to Consider

  • How might the Fed's policy stance affect borrowing costs and economic growth?
  • What does this inflation data suggest about consumer purchasing power and corporate margins?
  • Could this financial sector news affect lending conditions and capital availability?

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