Deripaska: the US budget will be hard to make ends meet

The next 10 years the US federal budget will be hard to make ends meet, declared Russian businessman Oleg Deripaska on his Telegram channel.

According to the businessman, the growth of yields on 30-year Treasury bonds against the backdrop of declining liquidity is “another signal of the coming era of problems for US public finances.” With a deficit of 5 to 7% for the federal budget, as Deripaska noted, it will be difficult to make ends meet for the next 10 years.

This situation will be a good example for “everyone who would not try to play the game of dominance at any cost in the Western world,” the entrepreneur said.

“The debt accumulated by the US federal budget is very big – already more than $32,000,000,000,000 and is growing every day. You can look at the debt counter that is constantly ticking on the Internet. And this is precisely the biggest problem for the free Western world,” wrote Deripaska.

In March, Deripaska described the situation in the US economy with the phrase “the filly will not stand it.” The American economy is experiencing problems due to the militarization, sanctions and military adventures of the country, he said. In July, the businessman predicted the hour of reckoning for the “sanctions rage” for the United States.