37 trillion dollars! U.S. debt reaches new high, warning bell for the world economy
Folks, this is a big deal! The national debt of the United States has actually soared to a historic high of 37 trillion dollars. This number is enough to shake the Earth!
What's even scarier is that 25% of U.S. tax revenue goes to pay interest on the debt. It's like a person using a quarter of their income just to pay interest; how can they live well?
The government is the same way; all the money goes to paying 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, if the dollar's status will remain stable, and if U.S. long-term finances can stay stable. It's important to know that the dollar holds a crucial position in the international monetary system, and if it encounters problems, the global economy will also tremble. $BTC