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Fortune
Fortune
Eleanor Pringle

National debt crisis will be averted by governments 'mobilizing and encouraging' private wealth to fill their budget holes, says UBS

President Donald Trump listens as first lady Melania Trump speaks at a signing ceremony for the "Fostering the Future" executive order in the East Room of the White House on November 13, 2025 in Washington, DC. (Credit: Anna Moneymaker - Getty Images)

When examining the flow of wealth in the coming decades, privately wealthy individuals rest in a very healthy position. Their assets have increased in value, their portfolios have performed well, and many are looking to the generations above them for a significant windfall of cash set to come from inheritance.

Governments, with their eye-watering debt burdens and expensive borrowing costs, are eyeing that wealth—and they want in.

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