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Goldman Sachs: Rising US Debt Level Could Pose a Threat for GDP

Goldman Sachs: Rising US Debt Level Could Pose a Threat for GDP

In the previous part of this series, we discussed that prominent investment firm Goldman Sachs (GS) believes that the US fiscal outlook isn’t good. The rising fiscal deficit could create an obstacle for the US economy (SPY). The US budget deficit and the debt level (DIA) are also gradually improving.