📌 How INDEBTED is the USA? How did we get here? What is the debt composed of? Who are the biggest creditors? Risks and projections? I say you should read it, it's extremely interesting 👇
Hint: 👉 Did you know that a #crypto project is in the TOP 7 creditors of the USA? 😮
Ten years ago, no one would have imagined that.
THREAD 🧵⤵️
1️⃣ 📊 How large is the US debt?
➡️ ~36.2 trillion $
➡️ ~122% of GDP
➡️ The USA pays ~1 trillion $ per year just for INTEREST, which is approximately 2.74 billion USD/day 😱
➡️ The debt has exploded in the last 2 decades due to crises, pandemics, and high interest rates
2️⃣ 🧩 What is the debt composed of?
✅ Government bonds held by the public (~25 trillion $)
✅ Debts between government agencies (~11 trillion $)
✅ Federal Reserve + private investors + foreign countries + stablecoins
3️⃣ 🏦 Who are the biggest creditors of the USA?
🥇 Federal Reserve ($5-6T)
🥈 Japan ($1.1T)
🥉 China ($758B)
🇬🇧 UK ($765B)
🇱🇺 Luxembourg (~$425B)
...
#7 → Tether (USDT) ~$98-120 billion! 😳
👉 Stablecoins ( #USDT + #USDC ) = over $166 billion in T-bills
4️⃣ ⚠️ Major risks for the future
🔸 Demand for US securities is decreasing
🔸 The cost of servicing the debt is exploding (high interest rates)
🔸 Possible fiscal crisis if the trend continues
5️⃣ 📈 Projections for the coming years
🔸 116% of GDP by 2034
🔸 Over 170% of GDP by 2054 (without reforms)
🔸 The USA risks entering a vicious cycle: more debt → higher costs → even more debt
6️⃣ 🤯 Conclusion
👉 The US debt is not just a state story. Today, a STABLECOIN ( #USDT ) is among the top creditors. Who would have imagined that in 2010?
Crypto is already changing the global economy. Stay tuned 🚀
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#Geopolitics #Dollar