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Medieval tower partially collapses in Rome, trapping worker
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Arsenal's Arteta says injured Gyokeres out of Slavia Prague tie
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Alonso says 'quality' Wirtz helped get him Real Madrid job
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US Fed's Cook warns inflation to stay 'elevated' next year
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Blue heaven: huge crowds salute Los Angeles Dodgers in victory parade
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Dutch centrist Jetten clinches election win: final tally
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Mamdani extends olive branch to anxious NY business community
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Sierra Leone chimpanzee sanctuary reopens after deforestation protest
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Shein bans sex dolls after France outrage over 'childlike' ones
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England full-back Steward doubtful for Autumn rugby clash with Fiji
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Bayern know how to 'hurt' PSG, says Neuer
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Rybakina downs Swiatek to reach WTA Finals last four
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Ex-France international Ben Yedder to stand trial on rape charges
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Djokovic confirmed for ATP Finals, says Italian federation boss
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Trent should be remembered for 'great' Liverpool moments, says Slot
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Stock markets diverge despite boost from AI deals
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Prince William awed by Rio on climate-focused trip to Brazil
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Violence in Sudan's El-Fasher could be war crimes, says top court
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Rybakina downs Swiatek in WTA Finals
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Turkey, Muslim allies say Palestinian self-rule key to Gaza future
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Tens of thousands shelter as typhoon slams into Philippines
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Stock markets rise as tech sector buoyed by fresh AI deal
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Vitinha says PSG-Bayern Champions League clash will show who's 'best'
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Arsenal: The unstoppable Premier League force?
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Denmark inaugurates rare low-carbon hydrogen plant
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Springboks back Ntlabakanye call-up despite doping probe
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German plans to lower industrial power costs from January
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Christian, Muslim Nigerians push back on threatened US strikes
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Nigeria's Rivers United paired with African champions Pyramids
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India women cricketers hail new era but challenges remain
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'Heroic' worker praised as man charged over UK train stabbings
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Bangladesh ex-PM Zia to contest elections: party
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Tanzania president sworn in as opposition says hundreds killed in protests
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India announces $5.75 million reward for women cricket World Cup winners
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Spain regional leader resigns, a year after deadly floods
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Video game creators fear AI could grab the controller
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France threatens Shein ban if 'childlike' sex dolls reappear
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International cricket returns to Faisalabad with Pakistan-South Africa ODIs
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Afghan govt says quake kills 20, injures over 500
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'We're all too rich,' says photo legend Martin Parr
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Tanzania president inaugurated as opposition says hundreds dead
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Shafali Verma: India's World Cup hero who disguised herself as boy
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Most equity markets rise on lingering trader optimism
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Afghanistan quake kills 20, injures over 300: health ministry
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India hails maiden women's World Cup cricket title as game-changer
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As clock ticks down, Greece tries to clean up its act on waste
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Local fabrics, fibres shine at eco-centred Lagos Fashion Week
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Spalletti bidding to revive Juve and reputation ahead of Sporting visit in Champions League
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Tanzania president to be inaugurated as opposition says hundreds dead
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Bouanga brace as LAFC beats Austin 4-1 to advance in MLS Cup playoffs
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Trump needs to avoid debt Collapse
As Donald Trump commences his second tenure—this time as the 47th President of the United States—one of his administration’s most pressing challenges is preventing a potential debt collapse. The U.S. government’s outstanding liabilities have surged in recent years, raising concerns among economists, financial markets, and global partners alike. But why is it imperative for President Trump to avert such a crisis?
Safeguarding Economic Stability
A default or debt crisis could trigger a chain reaction, undermining confidence in the U.S. financial system and sending shockwaves through global markets. The American dollar serves as the world’s primary reserve currency, underpinning countless international transactions. A significant disruption in U.S. debt repayments would thus erode trust in treasury bonds, widely regarded as one of the safest investment vehicles worldwide.
Preserving Global Standing
The United States has long been viewed as a pillar of financial stability. Should Washington struggle to meet its debt obligations, both diplomatic and economic repercussions would be swift. Trade agreements might be thrown into disarray, with key allies reconsidering their long-term partnerships. Ensuring fiscal integrity is crucial if President Trump wishes to maintain America’s influence and credibility on the world stage.
Protecting Domestic Prosperity
A debt collapse would not merely affect international investors; it would have tangible consequences at home. Interest rates on consumer and business loans could spike, making mortgages, car payments, and credit more expensive for ordinary Americans. Additionally, a government scrambling to stabilise the budget might be forced to cut essential services or postpone vital infrastructure projects. President Trump’s electoral base, which seeks job growth and economic opportunity, would be disproportionately impacted by such austerity measures.
Upholding Investor Confidence
Financial markets thrive on predictability. Even rumours of a potential default can destabilise share prices and unsettle bond markets, discouraging both domestic and foreign investors. President Trump’s administration aims to foster a business-friendly climate; allowing the national debt situation to spiral would stand at odds with this objective. Maintaining robust investor confidence is vital for job creation, entrepreneurship, and sustained economic expansion.
Conclusion
For the 47th U.S. President, averting a debt collapse is about more than safeguarding government finances. It is about preserving America’s economic dynamism, retaining global leadership, and reassuring citizens that growth and stability remain priorities. A carefully managed fiscal strategy could prove decisive in cementing President Trump’s legacy as a steward of American prosperity.
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