The Unintended Consequences of AI Fueled Debt Boom The notion that excessive national debt would choke off private sector investment has long been a concern for Wall Street.
However, recent trends suggest that instead, large corporations are crowding out Treasury borrowing in a reversal of expectations.
At $40 trillion and with a federal budget deficit on track to reach $2 trillion this fiscal year, one might expect the bond market to be overwhelmed by demand for government debt.