ilmscore | The Alarming Rise in Global Debt!

The Alarming Rise in Global Debt!

Predictions from this Video

Total: 25
Correct: 0
Incorrect: 0
Pending: 25
Prediction
Topic
Status
Global government debt is forecast to exceed $100 trillion by the end of 2025.
"Global government debt levels have been growing rapidly over the last 25 years and are now forecast to exceed $100 trillion dollars by the end of this year."
Global Government Debt
Pending
UK budget deficit is expected to remain through the end of the decade (by 2029/2030).
"They expect the budget to remain in a deficit through the end of the decade."
UK Budget Deficit
Pending
China's government set its fiscal deficit target at 4% of GDP for 2025.
"The government set this year’s fiscal deficit target 4% of GDP."
China Fiscal Deficit
Pending
CBO predicts US debt-to-GDP ratio will rise from 98% to a record 125% within the next 10 years (by 2035).
"The Congressional Budget Office (a nonpartisan federal agency whose role is to provide congress with objective analyses and estimates related to economic and budgetary decisions) is now predicting that Americas debt-to-GDP ratio will rise from 98 percent where it is today to a record 125 per cent in the next decade."
US Debt-to-GDP Ratio
Pending
US debt-to-GDP ratio is expected to exceed the 1945 high (over 100% of GDP) in nine years (by 2034).
"Even without President Trumps planned deficit spending – as part of his budget – the US debt to GDP ratio is expected to exceed the 1945 high in nine years."
US Debt-to-GDP Ratio
Pending
The Committee for a Responsible Federal Budget estimates US national debt will reach 129% of GDP by 2034 if Trump's 'One Big Beautiful Bill' act passes.
"The Committee for a Responsible Federal Budget, a nonpartisan group that favors debt reduction, estimates that US national debt will reach 129 percent of GDP by 2034."
US National Debt
Pending
Trump's team claims his policies and legislation will halve the US fiscal deficit from 6.4% to 3% by the end of his term.
"Trump’s team claim that the legislation, when combined with his pro-growth policies, will halve the US fiscal deficit from its current level of 6.4 percent, to 3 percent by the end of his term."
US Fiscal Deficit
Pending
Trump's Council of Economic Advisers claims his bill will boost real economic growth by up to 5.2%, create/save up to 7.4 million jobs, and raise investment by up to 14.5% over the next four years (by 2029).
"His Council of Economic Advisers claims the bill will boost real economic growth by up to 5.2 per cent over the next four years, creating (or saving) up to 7.4 million jobs and raising investment by up to 14.5 percent over the next four years."
US Economic Growth
Pending
The Center for American Progress projects US government debt could reach 200% of GDP by 2055 if all temporary provisions of the bill are permanently extended.
"They say that in such a scenario government debt could reach about double the size of the economy by 2055, compared with 156 percent without any changes to the existing law."
US Government Debt
Pending
Global government debt is forecast to exceed $100 trillion by the end of 2025.
"Global government debt levels have been growing rapidly over the last 25 years and are now forecast to exceed $100 trillion dollars by the end of this year."
Global Government Debt
Pending
The UK budget is expected to remain in a deficit through the end of 2029.
"They expect the budget to remain in a deficit through the end of the decade."
UK Budget Deficit
Pending
Nonpartisan research groups estimate Trump’s budget will add over $2.5 trillion to the federal debt over the next decade (by 2035).
"nonpartisan research groups are estimating that Trump’s budget will add more than $2.5 trillion dollars to the federal debt over the next decade"
US Federal Debt
Pending
White House Press Secretary claims Trump's budget will save the federal government $1.6 trillion.
"White House Press Secretary Karoline Leavitt says that the Budget will actually save the federal government $1.6 trillion dollars."
US Federal Spending
Pending
The CBO predicts the US debt-to-GDP ratio will rise from 98% to a record 125% by 2035.
"The Congressional Budget Office (a nonpartisan federal agency whose role is to provide congress with objective analyses and estimates related to economic and budgetary decisions) is now predicting that Americas debt-to-GDP ratio will rise from 98 percent where it is today to a record 125 per cent in the next decade."
US Debt-to-GDP Ratio
Pending
Moody's predicted the US budget deficit to rise from 6.4% in 2024 to just under 9% by 2035.
"Moody’s predicted that the US budget deficit would rise from 6.4 per cent last year to just under 9 per cent by 2035."
US Budget Deficit
Pending
The US debt-to-GDP ratio is expected to exceed its 1945 high (over 100%) by May 2034, even without Trump's planned deficit spending.
"Even without President Trumps planned deficit spending – as part of his budget – the US debt to GDP ratio is expected to exceed the 1945 high in nine years."
US Debt-to-GDP Ratio
Pending
Without immigration, there will be insufficient labor for factories brought back onshore by Trump's tariffs due to declining working-age population.
"without immigration there will be no one to work in all of the factories that Trumps tariffs are supposed to bring back onshore."
US Workforce
Pending
If Trump’s 'One Big Beautiful Bill' passes the Senate, the Committee for a Responsible Federal Budget estimates US national debt will reach 129% of GDP by 2034.
"If Trump’s One Big Beautiful Bill act makes it through the Senate, The Committee for a Responsible Federal Budget, a nonpartisan group that favors debt reduction, estimates that US national debt will reach 129 percent of GDP by 2034."
US National Debt-to-GDP Ratio
Pending
JP Morgan research predicts Trump's trade war could reduce global GDP by 1%.
"They say that the trade war could reduce global GDP by 1%."
Global GDP
Pending
IMF research expects public debt to continue rising in countries like the UK, Brazil, France, Italy, and South Africa.
"The UK, Brazil, France, Italy and South Africa were among the countries where debt was expected to continue rising."
Global Public Debt
Pending
Trump's team claims his legislation and pro-growth policies will halve the US fiscal deficit from 6.4% to 3% by the end of his term (late 2028).
"Trump’s team claim that the legislation, when combined with his pro-growth policies, will halve the US fiscal deficit from its current level of 6.4 percent, to 3 percent by the end of his term."
US Fiscal Deficit
Pending
Trump's Council of Economic Advisers claims his bill will boost real economic growth by up to 5.2%, create/save up to 7.4 million jobs, and raise investment by up to 14.5% over the next four years (by May 2029).
"His Council of Economic Advisers claims the bill will boost real economic growth by up to 5.2 per cent over the next four years, creating (or saving) up to 7.4 million jobs and raising investment by up to 14.5 percent over the next four years."
US Economic Growth, Jobs, and Investment
Pending
The Center for American Progress projects US government debt could reach 200% of GDP by 2055 if all temporary provisions of Trump's bill are permanently extended.
"The Center for American Progress, a liberal research group, have published projections which assume that all of the bill’s temporary provisions get permanently extended. They say that in such a scenario government debt could reach about double the size of the economy by 2055, compared with 156 percent without any changes to the existing law."
US Government Debt-to-GDP Ratio
Pending
Nonpartisan research groups estimate Trump's budget will add over $2.5 trillion to the federal debt over the next decade (by 2035).
"While nonpartisan research groups are estimating that Trump’s budget will add more than $2.5 trillion dollars to the federal debt over the next decade"
US Federal Debt
Pending
Moody’s predicted the US budget deficit would rise from 6.4% in 2024 to just under 9% by 2035.
"In their downgrade announcement - Moody’s predicted that the US budget deficit would rise from 6.4 per cent last year to just under 9 per cent by 2035."
US Budget Deficit
Pending