During a recent appearance on The Joe Rogan Experience, Musk pulled no punches when discussing the U.S. economy. His verdict? The country is heading toward financial collapse if drastic action isn’t taken.
Meanwhile, Treasury Secretary Janet Yellen has warned Congress that the U.S. could hit its debt ceiling as early as January 2025. In a letter reported by The Associated Press, Yellen urged Congress to take immediate action to protect credit and the full faith of the USA.