US Debt Spiral Update - other Countries also (Patreon)
Published:
2024-10-21 21:04:48
Imported:
2026-06
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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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