A Debt Crisis Looms: The Silent Alarm That Echoes Through History Mark Zandi, a prominent economist at Moody's, has sounded a stark warning: "We got a problem.
" His words carry weight because they're laced with a sense of inevitability. The underlying preconditions for an economic crisis are indeed falling into place, even if the timing remains uncertain.
The US debt to GDP ratio has crossed 100%, a threshold not seen since the aftermath of World War II.