US facing ‘BLEAK’ economic year as expert warns untold damage looms

'I think, you know, everyone over here has said we're going to have a credit event, likely in the commercial real estate sector, because they run on five-year debt.'

The US economy is facing a bleak 12 months as national debt threatens to wreak untold damage, an expert has warned.

Dr Dave Brat, who works at Liberty University’s business school, also suggested state intervention had inflated America’s economic situation as the US is now on the precipice of disaster.

#gbnamerica #economy #economics #usa

Keep up to date with the latest news at https://www.gbnews.com

Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline

Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.

https://www.gbnews.com/watch/how-to-watch