World's richest man, Elon Musk, has warned that United States of America is going bankrupt and dollar's value could be nothing if precautionary measures are not taken soon. Elon Musk’s alarm centers on the ballooning U.S. national debt, which currently stands at $36.17 trillion. In fiscal year 2024, interest on US federal debt totaled $1.1265 trillion, while the federal government collected $4.92 trillion in revenue.
