Bhargavi Sakthivel,

Bhargavi Sakthivel is a Global Economist for Bloomberg Economics based in London. She holds a doctorate degree in Economics from the LSE and has previously worked as a Consultant with the OECD. @BhargaviSakthiv RSS Feed

72%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

85%

Examples:

  • `assume — as most in Washington do — that ex-President Donald Trump’s tax cuts mainly stay in place, and the burden gets even higher.
  • Plug in the market’s current view on interest rates, and the debt-to-GDP ratio rises to 123% in 2034.`

Conflicts of Interest

50%

Examples:

  • Global Economist for Bloomberg Economics based in London.

Contradictions

100%

Examples:

  • A Million Simulations, One Verdict for US Economy: Debt Danger Ahead
  • Are We There Yet? China’s Property Correction
  • The Big Take
  • Wider War in Middle East Could Tip the World Economy Into Recession

Deceptions

80%

Examples:

  • The CBO forecasts released earlier this year are underpinned by rosy assumptions.

Recent Articles

CBO Warns US Federal Government Debt to Reach 123% of GDP by 2034 with Trump's Tax Cuts in Place and Possible Bond Market Crisis

CBO Warns US Federal Government Debt to Reach 123% of GDP by 2034 with Trump's Tax Cuts in Place and Possible Bond Market Crisis

Broke On: Tuesday, 26 March 2024 The US federal government debt is projected to reach 116% of GDP by 2034, even higher than during World War II. The Congressional Budget Office (CBO) warns that this projection is based on rosy assumptions and plugging in current market views on interest rates raises the debt-to-GDP ratio to 123%. If ex-President Donald Trump's tax cuts remain in place, the burden gets even higher. The CBO also warns of a potential bond market crisis if policymakers try to take action and there is a market reaction.