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International Business Times
International Business Times
Politics

US National Debt Is A 'Time Bomb' That Threatens The World: Swiss Finance Minister

United States Karin KellerSutter Keller National Debt Switzerland UBS Europe
Swiss Finance Minister Karin Keller-Sutter speaks during a news conference in Bern, Switzerland, on Dec. 21, 2023. (Credit: FABRICE COFFRINI/AFP via Getty Images)

America's soaring national debt is a ticking "time bomb" that threatens global financial stability, a Swiss official warned in an interview published Saturday.

Swiss Finance Minister Karin Keller-Sutter contrasted her country's "disciplined" finances with those of other countries, including France, that she said were "so indebted they're hardly able to act any more," Reuters reported.

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