2025/05/03 How the U.S. Debt Crisis Affects Global Wealth
$36 trillion in debt! The eve of the eruption of America's debt mountain.
As the world focuses on countries in debt crisis like Argentina and Greece, the true debt giant, the United States, is quietly edging towards a dangerous brink. In 2025, the U.S. national debt officially surpasses $36 trillion and continues to soar at a breakneck pace. Official forecasts indicate that this year, U.S. national debt interest payments will exceed $1 trillion for the first time, meaning that about $3 billion a day will be used solely for repaying debt interest. This enormous sum could have been allocated to education, national defense, infrastructure, and other critical areas for people's livelihoods, but now it has become a slave to debt.
How did the United States, the world's most powerful economy, come to this point?
This is not merely the fault of a single politician but rather the crystallization of deep-seated systemic logic over the past 50 years. In 1971, President Nixon ended the gold standard, decoupling the dollar from gold, and initiated an infinite cycle of "printing money + issuing debt." Since then, whether it was the 9/11 attacks, the financial crisis, or the outbreak of the pandemic, the U.S. has relied on debt to weather crises, with national debt soaring from less than $6 trillion in 2000 to the current $36 trillion.
The so-called growth of the U.S. economy is merely an illusion built upon a mountain of debt. As global faith in U.S. debt as risk-free wavers, the foundation of the American financial system quietly loosens.
The Three Cracks of U.S. Debt Collapse
Crack One: Uncontrolled Interest Payments. In 2025, for every $100 in tax revenue the U.S. earns, it must first allocate over $10 to repay debt interest. This money holds no real economic value and is merely the heavy price of past debts.
Crack Two: Foreign Capital Withdrawal. China has reduced its holdings of U.S. debt for seven consecutive months, bringing its holdings down to the lowest level since 2009;