"$34 Trillion Debt, Rising Interest Payments, and National Debt Acceleration: Is the U.S. Headed for Economic Meltdown?"

Wharton Business School finance professor Joao Gomes warns that America's $34 trillion debt burden could trigger a financial crisis as early as 2025, especially if a president-elect announces expensive policies. Gomes believes that both parties need to address the issue and make tough decisions to avoid a potential meltdown. Warning signs include unsustainable debt-buying models and the potential for market rebellion. Gomes suggests that growing the economy or cutting spending may help avoid the crisis, but the impact will be felt globally, affecting mortgages and loans across borders.