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The U.S. national debt has reached record levels exceeding $37 trillion, at a time when concerns are rising about the implications for the financial and economic stability of the United States and the world. This alarming increase is due to a combination of structural factors, primarily an aging population and rising healthcare costs, which put immense pressure on long-term government spending programs such as health insurance and retirement. At the same time, servicing the national debt through interest payments is the fastest-growing item in the budget, expected to consume more than $13 trillion over the next decade, which could undermine the government's ability to finance its future priorities. This is accompanied by serious warnings from prominent economists, who believe that the U.S. financial system is approaching a critical point that could witness a crisis of confidence in the dollar and Treasury bonds, especially in light of the waning international enthusiasm for holding these bonds, as seen recently with some central banks. Additionally, the continued issuance of high-yield bonds to cover the deficit deepens the risks and threatens the stability of the entire debt market. Despite the government's efforts to contain the situation through regulatory measures and tax reforms, solutions seem limited without a clear political will to curb spending and restore budget balance.