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Deutsche Bank warns US debt poses biggest threat to its economic dominance

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Deutsche Bank has identified America's growing national debt as the foremost risk to its global economic leadership, outweighing threats from rival nations. The bank highlighted that persistent fiscal deficits and rising interest payments are steadily weakening a critical financial advantage the US has long held. Among the most pressing concerns are the potential depletion of Social Security and Medicare funds in the near future. Successive administrations will face mounting pressure to address these fiscal challenges before they cause lasting damage to the country's economic standing.

Read the full story at Times of India

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