Wednesday, January 03, 2024

U.S. National Debt Hits Record High $34 Trillion or 134% of GDP

A superpower with so much debt is fragile and wobbly!

The historically sterling credit rating of the U.S. is in jeopardy!

World financial markets will take this high level of national debt into consideration! Future, credit conditions may not be as favorable anymore.

Profligacy is often the reason why once mighty empires end up in crisis or on the graveyard of history.

National Debt Hits Record High $34 Trillion - Breitbart  The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic challenges to improve America’s balance sheet in the coming years.

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