Has the US national debt crossed the red line? 🇺🇸💸
The US national debt has risen to unprecedented levels, exceeding 34 trillion dollars, raising serious questions about the future of the American economy and global financial stability.
🔍 What are the reasons?
Massive government spending after the pandemic
Rising interest costs due to Federal policies
Ongoing budget deficit due to the large gap between revenues and expenditures
💥 Potential consequences:
Pressure on the US dollar
Future tax increases
Risk of credit rating downgrade
Direct impacts on currency, gold, and cryptocurrency markets
🏛️ As elections approach, the question remains: Will any upcoming president dare to rein in this debt?
#USNationalDebt