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Business

Trump’s America faces a ‘doom loop’ as it falls in a $56 trillion hole

Sydney Morning Herald - Business · 20 August 2026 at 11:45 am

Trump’s America faces a ‘doom loop’ as it falls in a $56 trillion hole

The alarm bells are ringing as America’s debt swells to record levels.

And there is no end in sight.

Read the full article on Sydney Morning Herald - Business ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.smh.com.au — the content belongs to Sydney Morning Herald - Business.

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