Musk warns again on $37 trillion in treasury bonds

BlockBeats News, on September 12, according to Forbes, Musk warned again about the US $37 trillion spiraling debt: "At the end of the day, our outrageously high Treasury bonds... Interest expenses have exceeded the Department of Defense budget and continue to grow. If AI and robots cannot solve the Treasury bond problem, we are done," he said in an interview at the All In summit. The total U.S. debt surged to $37 trillion this year. The dual pressure of huge spending and rising interest rates during the epidemic may trigger a "crisis" in the US dollar.