If Trump wins, dollar might lose

Former President Donald Trump is currently favored to win the US presidential election with a 58% chance of victory. In contrast, Vice President Kamala Harris has a 42% chance of winning, according to Poly Market.

Both candidates face a significant challenge on the economic front: the surging national debt, which has reached nearly $36 trillion.

This staggering figure poses a critical issue for the next administration, regardless of who wins the election.

Kamala Harris could increase the debt of the world's largest economy by $3.95 trillion over ten years, while Trump could add $7.75 trillion to the US Treasury's debt to fulfill his promises to the people.

Nukta explores further into the implications of this mounting debt and how it might influence the economic policies of both candidates.

The national debt continues to rise due to structural factors such as an aging population, increasing healthcare costs, and insufficient tax revenues.

This ongoing budget deficit is a pressing concern that both Trump and Harris will need to address if elected.

Stay tuned as we delve deeper into the economic strategies proposed by each candidate and their potential impact on the national debt and overall economic stability.