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The pace at which US debt is exploding is out of control. I know the numbers well and I am still alarmed.

Current Debt Figures

  • Total US debt has reached a record $35.8 trillion, shot up by $473 billion in just 3 weeks.

  • There is now $103,700 of debt per every American man woman and child.

  • The last 3-week increase added $1,450 of new debt to every US citizen.

  • In 2024, the US paid $1.16 trillion in interest on the national debt.

  • This translates to $3,360 in interest payments per American for fiscal year 2024 and this will grow very fast as debt refinances to a higher coupon.

This is why we BITCOIN

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Comments

Sir Winston

Is anybody else planning to sell on election night when the chosen candidate receives 500 million mail in ballots in a world record landslide?

Indigo Hammer

MSTR, Telsa, HODL…… this is the way.

andreas marx

at some point... when the financial machine breaks does xrp ripple become an asset ? It is being built through the global financial system from the top down. I've read through lots of reports by IMF, IBS

AT

It’s just under 4K USD “Forgivance” per citizen. Everyone starts from zero

Mrs. Owl Feathers

I think the politicians know it’s too late, so there is no effort to curb anything. Scary. What will things be like when we default.

PinkFloydFanatic

People might be shocked to realize all of this money was printed from thin air. Global jubilee is the only solution, but we all know that will never happen.

PinkFloydFanatic

Has anyone ever wondered what happens to owned securities like MSTR if the banking system collapses?

Gr8ful

Trump say nothing how he is going to take care of $35.8 trillion debt! After he lives after 4 or 8 years will be probably more.

Maxwell Smart

James, Can you please give us your opinion on if Israel takes out Irans oil industry, and then in return Iran attacks Saudi, oil prices go through the roof! What is the impact on Oil and Bitcoin pricing being that increased fuels costs for mining also rise?

PapaShaneo

Both parties on target for 50 Trillion