“For me, as for most people at past meetings, it became clear that the United States is in a better position than any nation in the world to lead the global economy for years to come,” RIA Novosti quotes Biden.

He stated that other world leaders are also convinced of the state of the American economy.

In October, the US national debt for the first time in history exceeded $31 trillion.

As Bloomberg Economics wrote, the probability that the United States economy will fall into a recession is 100%.