随着华盛顿推动新的减税和军事资金，经济学家警告说迫在眉睫的债务危机

其中之一是戴维·罗森伯格（David Rosenberg），他警告说，该国的债务与GDP比率现在正在攀升战时水平，这引起了人们对长期稳定的严重关注。

As Washington barrels forward with new tax cuts and military funding, a growing number of economists are sounding the alarm on America's ballooning debt.

随着华盛顿桶进行新的减税和军事资金的前进，越来越多的经济学家在美国的债务中引起了警报。

One of them is David Rosenberg, who warns that the country's debt-to-GDP ratio is now climbing past wartime levels, raising serious concerns about long-term stability.

其中之一是戴维·罗森伯格（David Rosenberg），他警告说，该国的债务与GDP比率现在正在攀升战时水平，这引起了人们对长期稳定的严重关注。

In response, Rosenberg is urging investors to turn defensive. He recommends shifting toward gold, short-term Treasury bills, and even Asian currencies as safer assets in what he describes as a "looming storm." Surprisingly, he also listed crypto as a speculative hedge—despite normally steering clear of riskier bets.

作为回应，罗森伯格敦促投资者进行防守。他建议在他所说的“迫在眉睫的风暴”中转向黄金，短期国库券，甚至亚洲货币作为更安全的资产。令人惊讶的是，他还将加密货币列为投机性树篱，尽管通常会避免赌注更风险的赌注。

The recent House-approved legislation—dubbed the "Big Beautiful Bill"—offers immediate tax relief and defense spending boosts but at the cost of deepening the deficit. Rosenberg believes this will further strain the market, especially with the Federal Reserve staying hands-off and letting yields rise instead of absorbing excess debt as it has in past crises.

最近，由众议院批准的立法（称为“最美丽的法案”）立即减轻税收减免和国防支出，但以加深赤字为代价。罗森伯格认为，这将进一步构成市场，尤其是在美联储保持动力并让收益率上升，而不是像过去危机一样吸收多余的债务。

This passivity means higher borrowing costs ahead, which could crush both bond prices and stock valuations, added the economist.

经济学家补充说，这种被动性意味着更高的借贷成本可能会损害债券价格和股票估值。

Fellow economist Peter Schiff echoed those concerns, calling the fiscal package one of the most reckless in modern history. He noted that projected deficits, even before the bill passed, were already approaching pandemic-era levels.

经济学家彼得·希夫（Peter Schiff）回应了这些担忧，称财政计划是现代历史上最鲁ck的。他指出，即使在法案通过之前，预计的赤字已经达到了大流行时代的水平。

With politicians pressing forward and bankers stepping back, the message from experts is clear: prepare for turbulence, and seek shelter in assets that hold up when everything else breaks down.

随着政客向前推进，银行家退后一步，专家的信息很清楚：为湍流做准备，并寻求庇护所，这些资产在其他一切崩溃时坚持下去。