U.S. National Debt Reaches $37 Trillion! New High for U.S. Debt, Economic Alarm Bells Ringing
Folks, this is a big deal! The U.S. national debt has skyrocketed to a historic high of $37 trillion. This number is enough to shake the Earth!
Even more frightening is the fact that 25% of U.S. tax revenue is being used to pay interest on the debt. It's like a person who spends a quarter of their income just on interest—how can they live well?
The government is in the same boat, using all its funds to pay off debts, leaving public services and social welfare in jeopardy.
This massive debt is like a bomb that could explode at any moment. Everyone is worried whether inflation will worsen, whether the U.S. dollar can maintain its status, and whether U.S. long-term finances can remain stable. It's important to know that the dollar holds a crucial position in the international monetary system; if it has problems, the global economy will tremble too.