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Lebanese Analyst: Middle East Conflicts Boost US Debt
Lebanese economist Daniel Al-Banna points out that the significant increase in American debt is primarily due to Trump's implementation of tariffs, the military escalation in the Middle East—including the Iran war—and the resulting rise in borrowing costs and money printing. These factors have led to the decline of the U.S. economy and an increase in debt, along with a deterioration in U.S. bond yields over recent years. Additionally, inflation, labor market pressures, and internal political uncertainty hinder economic stability, leading to declining bond yields and a loss of confidence in the American market.
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