Goldman Sachs CEO David Solomon has issued a stark warning regarding the soaring U.S. national debt, stating that if the current fiscal path continues without a significant increase in economic expansion, “there will be a reckoning on this.”
Speaking on The David Rubenstein Show with the private-equity billionaire of the same name, Carlyle co-founder David Rubenstein asked the investment bank chief about the current national debt level, which stands at a whopping $38 trillion. “Some people would say that’s a lot,” Rubenstein said.
