Could the US Pay Off Its $39 Trillion Debt in 20 Years?
Many analysts ask whether the United States can eliminate its nearly $39 trillion national debt within two decades. With a GDP exceeding $30 trillion and a tax-to-GDP ratio that could reach 45%, the US could potentially collect up to $12 trillion in annual revenue. Over 70% of its debt is held by domestic institutions and individuals, suggesting a viable repayment path even alongside universal healthcare. One proposal calls for the United Nations to absorb sovereign debts after a global economic restructuring and revaluation. Equalizing living costs worldwide could shrink dollar-denominated liabilities to just 3–5% of their current value. That would lower prices, boost agricultural profitability, and allow a revitalized UN to manage and retire these debts more easily.
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