#USNationalDebt
#USNationalDebt
The US national debt recently surpassed $34.5 trillion, raising increasing concerns about financial sustainability and pressure on the US economy in the long term.
🔍 Reasons for the ongoing increase:
Increased government spending on social programs and defense.
High interest payments resulting from high interest rates.
Stimulus programs launched during and after the COVID-19 pandemic.
📉 Potential impacts:
Erosion of market confidence in US bonds.
Long-term inflationary pressures.
Possibility of tax increases or spending cuts in the future.
💡 In the crypto market:
Concerns about US debt are driving some investors to seek alternative havens like gold and Bitcoin as a hedge against financial collapses or the loss of dollar value.