The post Elon Musk Warns U.S. Fiscal Policy Risks Long-Term Debt Issues – Coincu appeared on BitcoinEthereumNews.com.

Key Points: Elon Musk criticized U.S. fiscal policies, citing debt and spending issues. Musk’s statement aims to raise awareness about debt risks. Potential impact on cryptocurrency markets anticipated, though no immediate changes noted. Elon Musk, a leading figure in technology, voiced concerns on June 4, 2025, about the U.S. fiscal policy via his X platform. Musk’s critique arises amidst heightened scrutiny over the U.S. government’s spending decisions, potentially influencing market sentiment toward Bitcoin and Ethereum. Musk Warns of U.S. Spending’s Economic Threat Elon Musk posted on X highlighting concerns about the U.S. government’s mounting fiscal expenditures, labeling them as a potential threat to economic stability. He emphasized that the consistent rise in national debt could lead to “debt slavery” for citizens. In his repost, he pointed out Geiger Capital’s claims of a $1 trillion increase in U.S. national debt every 180 days. The potential increase in budget deficit to $2.5 trillion from fiscal policies emphasizes a need for fiscal responsibility. Musk’s statement was aimed at raising awareness of the implications of such debt levels on American financial health, with a focus on unsustainable burdens. His commentary did not directly affect crypto or DeFi projects but aimed to spark debate around national economic risks. “It will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden American citizens with crushingly unsustainable debt.” — Elon Musk, Founder/CEO, Tesla & SpaceX, owner, X This critique from Musk has led to discussions about economic sustainability in U.S. policy, with mixed reactions from community forums and social media outlets. Despite his frequent influence on markets, no major crypto movements were noted soon after his statements. However, market volatility such as increases in Bitcoin and Ethereum prices can often follow Musk’s influential remarks. Bitcoin Price Trends Amidst Fiscal Concerns Did you know? Elon…

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Filed under: News - @ June 4, 2025 6:30 am