The United States is almost certainly on an unsustainable path with regard to the astronomic rise in its national debt, according to a million simulations run by Bloomberg.

Bloomberg reported Tuesday that it conducted a million simulations on the U.S. debt outlook and found 88% of them show borrowing is on an "unsustainable path."

The findings come after a forecast by the Congressional Budget Office that indicates the national debt will grow to an astonishing $54 trillion in the next decade, the result of an aging population and rising federal health care costs. Higher interest rates are also compounding the pain of higher debt.

At Axi, our mission is to help people like you “Trade Your Edge”. We want day-traders on our platforms to reach their full potential and become confident long-term traders. That’s why we’ve teamed up with trading guru David Belle to give you a daily dose of market insight and wisdom. Each day we’ll delve into the breaking news and geopolitics (the fundamentals) and market indicators (the technicals) to help you trade with more confidence. We’ll cover forex, crypto*, oil and gas, stocks, gold and silver – whatever is moving the markets that day.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage with a high risk of losing money rapidly due to leverage. Axi UK: *76.3% of retail investor accounts lose money when trading CFDs with this provider.* You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This content should not be construed as investment advice. Past performance is not indicative of future results.
Axi UK: *Cryptocurrency CFDs can only be traded by Professional Clients due to FCA regulations.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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AxiCorp Financial Services Pty Ltd Dubai Branch is also regulated by the Dubai Financial Services Authority (DFSA) in Dubai Ref No: F003742. Its website is https://www.axi.group/ae-en

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