The United States government’s national debt is over $34 trillion now.
US public debt reaches $34T for the first time pic.twitter.com/S2t2rtTWvP
— TRT World Now (@TRTWorldNow) January 3, 2024
As I have said over and over again, this is totally unsustainable. The interest payments on this debt are higher than the entire military budget.
The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion.
Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congress.
Since the beginning of 2016, the total debt has spiked by… pic.twitter.com/YFNIzBjfyI
— Wall Street Silver (@WallStreetSilv) January 3, 2024
US debt has crossed $34 trillion; or $100,000 per every American man, woman and child.
USA living in a fantasy world.
Soon, the effects of dedollarization will be felt, as BRICS keeps expanding.
Americans are in for a shock. pic.twitter.com/r28ZSO91J0
— S.L. Kanthan (@Kanthan2030) January 3, 2024
US national debt by just passed $34 trillion and only the interest expense is now at $1.1 trillion.
– There is no way out of this anymorehttps://t.co/WZdbRNIiuS pic.twitter.com/NAnZx8JyGS— Glenn Diesen (@Glenn_Diesen) January 3, 2024
It is impossible to predict exactly when this whole thing will come to an end, but it will come to an end. When it does end, it is going to be very ugly for the vast majority of Americans. The purchasing power of the US Dollar is rapidly eroding because of all this insanity.
