Asset management companies: U.S. government debt is increasingly becoming a serious problem.

[Asset Management Company: U.S. Government Debt is Becoming an Increasingly Serious Problem] Wermuth, an economist and partner at Wermuth Asset Management, stated in a report that U.S. government debt is increasingly becoming an issue, with the debt-to-GDP ratio exceeding 120%. U.S. interest rates continue to trend downward, but the enormous and rising deficit could mean that debt repayment could soon spiral out of control. Since 2023, interest spending has accounted for a larger share of government spending than military expenditure, indicating that there is less room for new projects, especially economic stimulus initiatives.