Between Wall Street, retail investors, Ivy League economists, and Washington policymakers, you’d be hard-pressed to find someone who isn’t nervous about America’s national debt burden. Their concern is for the day when confidence in the bond market wanes, when buyers of America’s borrowing question whether Uncle Sam can really pay his debts.
Goldman Sachs CEO David Solomon is among those concerned about the $38 trillion national debt problem, joining the ranks of JPMorgan CEO Jamie Dimon, Fed chair Jerome Powell, Bridgewater Associates founder Ray Dalio, and increasingly, politicians on Capitol Hill.
