Musk predicts US economy collapses by 2030

U.S. entrepreneur Elon Musk agreed with the opinion that things will start to fall apart for the United States when the state debt reaches the $50-trillion mark.

"Accurate graph," he wrote, commenting on a post of a user who posted a diagram designating the $50-trillion mark as the critical point.

Earlier this week, the U.S. state debt exceeded record $40 trillion, increasing by $20 trillion in less than 10 years.

The International Monetary Fund (IMF) projects the US GDP growth to be at 2.3% in 2026.