Musk predicts US economy collapses by 2030

Musk predicts US economy collapses by 2030
© Photo: Maria Novoselova/ Vestnik Kavkaza

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.

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