The billionaire Warren Buffett says that the US government is running an unimportant deficit amid “very large” inflation.
The investment of the legend Warren Buffett issues a warning, saying that the financial situation in the United States is close to the point of no return.
At the annual meeting of Hathaway – where Pavite Declare His retirement – Oracle Omaha warned that the financial deficit of the United States government can go out of control if politics fails to bridge the gap between revenues and expenditures.
Data from the Ministry of Treasury He appears That the United States spent 1.31 trillion dollars more than so far in this fiscal year, which lasts from October 1, 2024, to September 30, 2025. The number represents an increase of 242 billion dollars compared to registered deficit during the same last financial period.
According to Bavate, the United States government cannot continue to operate the large financial deficit indefinitely, warning that the country’s financial situation may become incompatible and delicate early in 2027.
“We are working on a financial deficit now that is not sustainable for a very long period. We do not know if this means two or 20 years because there was no country like the United States …
And it has an irreplaceable side to a specific point that you are mainly abandoned. Paul Volker prevented this from happening in the United States, but we approached. We have come close to several times, and we still have a very large inflation in the United States, but it has not yet been unprecedented. This is not something we want to try to try it because it feeds on himself.
I don’t want to try to try to correct what is going on in the revenue and expenses of the United States by about 7 %, when the gap is probably sustainable, and then whenever it gets it, the more you reach the place where it begins and does not control.
I think it is a job that I do not want, but it is a task I think should be done, and the Congress does not seem good in doing so. “
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