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America's finances could be in a precarious position as Trump's proposals imply he'll widen the deficit and borrowing costs are rising on an already debt ridden America. So in this video, we'll explain the fiscal situation and if Trump should be worried.
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Sources:
1 - https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx
2 - https://www.ft.com/content/72019cc6-89f9-453c-9955-4cc26be3de3e
3 - https://privatebank.jpmorgan.com/nam/en/insights/markets-and-investing/tmt/why-have-10-year-us-treasury-yields-increased-since-the-fed-started-cutting-rates
4 - https://www.ft.com/content/6ab2a61b-eebd-4d8d-887c-f2dcae937a39
5 - https://cepr.org/voxeu/columns/reverse-conundrum-and-foreign-official-demand-us-treasuries
6 - https://www.ceicdata.com/en/indicator/united-states/government-debt--of-nominal-gdp
7 - https://www.crfb.org/papers/fiscal-impact-harris-and-trump-campaign-plans
8 - https://www.pgpf.org/article/what-is-the-national-debt-costing-us/
9 - https://www.ft.com/content/25c94540-114e-4c1b-8d92-4c0cc4e6ef6d