U.S. National Debt Reaches $37 Trillion! New High for U.S. Debt, Alarm Bells Ringing for the World Economy

Folks, this is a big deal! The U.S. national debt has actually skyrocketed to a historic high of $37 trillion. This number is enough to make the Earth tremble!

What’s even scarier is that 25% of U.S. tax revenue is going towards paying interest on this debt. It’s like a person spending a quarter of their income on interest payments; how can they live well? The government is the same way, all the money is going towards debt repayment, how can they guarantee public services and social welfare?

This enormous debt is like a bomb that could explode at any moment. People are worried that inflation might escalate, whether the dollar's status can remain stable, and if the U.S. can maintain long-term financial stability. We must understand that the dollar holds a crucial position in the international monetary system; if it encounters problems, the global economy will tremble along with it.