Goldman Sachs CEO David Solomon warned on Thursday that the rising levels of U.S. debt could eventually lead to a &#34;moment of reckoning&#34; if economic growth does not accelerate, thus emphasizing the need to boost economic growth. However, he believes the risk of a recession in the U.S. in the short term is relatively low.
He pointed out that the status of the U.S. dollar as the global reserve currency is not under threat. At the same time, U.S. fiscal stimulus measures and proactive fiscal policies have become part of the country's operational model, and this trend has significantly accelerated over the past five years

Goldman Sachs CEO David Solomon warned on Thursday that the rising levels of U.S. debt could eventually lead to a "reckoning moment" if economic growth does not accelerate, thus emphasizing the need to boost economic growth. However, he believes the risk of a recession in the U.S. in the short term is relatively low. He pointed out that the status of the U.S. dollar as the global reserve currency is not under threat. At the same time, U.S. fiscal stimulus measures and proactive fiscal policies have become part of the national operating model, and this trend has significantly accelerated over the past five years

Goldman Sachs CEO warns that U.S. debt may trigger a moment of reckoning, but short-term recession risk is low