US national debt reaches new ATH 📊
United States national debt reaches a new all-time high of $34.21 trillion. That's about $101,000 in debt per citizen or $265,000 per taxpayer.
💸 The US government's debt is on track to rise to $54 trillion over the next decade, according to the Congressional Budget Office.
📊 It's very expensive to service that kind of debt: Annual debt interest is set to cross the $1 trillion mark in 2026 and $1.6 trillion in a decade.
This debt will never be paid off and the higher it rises, the more obvious it becomes how broken the global financial system is 🤷♀️
