America's $34 Trillion Debt Bubble is about to Explode

America now finds itself in a $34 Trillion debt bubble in 2024. With the US government continuing to borrower money non-stop. Resulting in skyrocketing deficit and interest costs.

This means a larger and larger share of US growth is being funded by future borrowing. A situation which is not very sustainable. Especially with more and more countries now demanding that the US pay higher interest costs on the debt.
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[AnnoDomini]

We're using a credit to pay down a credit while still running up the credit.

[gamefan]

If i ran my house like our government runs the country id be buried under the prison 😒

[joedonlewis]

Now what did we spend all of that money on exactly? Homes for the homeless? Health care for everyone? Tuition for higher education? A basic income for everyone? The world's most modern infrastructure? What?

[AJ-oxxy]

It's almost 35 trillion now. 34.7 trillion is where we are at now.

[factchecker-cbgy]

Greatly reduce foreign aid, stop tax breaks for corporations and the rich, and cut military spending.

[kellybrown]

We heard the same doom and gloom for the past 25 years!
RAISE THE TAXES ON THE WEALTHY TO THE SAME 35% THE REST OF US PAY!!!

[jessecarbajal]

Audit the government stop paying politicians

[juanitook]

You meant, asking for more interest on the debt when they LOAN to America, right?

[JohnDaniels]

We are getting poorer precisely because a narrow elite has organized society for their own benefit at the expense of the vast mass of people. Political power has been narrowly concentrated, and has been used to create great wealth for those who possess it.

[henley]

Stop giving our tax wealth to the rich. Keep it and apply some to the debt yearly like we did BEFORE Reagan.

[audiophileman]

They won't stop borrowing until they cannot borrow anymore. That means INFLATION and possibly HYPERINFLATION! 😲

[ronblauvelt]

Take goverment spending out of the GDP and the debt is over 150%of the true GDP

[Hannaa]

The most significant lesson I gained from the stock market in 2023 is that uncertainty prevails, emphasizing the importance of humility. Adhering to a long-term strategy with a competitive edge is key

[the.memphismassage.therapi]

but got the nerve to ask me about my credit

[jkosticjr]

Your late to the party… it was 134 % and this does NOT include long term estimates for u funded liabilities (Medicare, Social Security). But don’t worry, it will be up to 184% by 2032😢

[RogerGarcia-csdi]

Should make the politicians be held liable for the miss use of Americans money

[DigitalClown-rwmk]

What you fail to mention is that the overwhelming majority of the debt is owed to us, which is way worse, because who do you think they are really going to default on?
Then after that who do you think is going to get punished by way of austerity measures for said default?
Sad that no one seems to realize this....

[ah-ypvp]

Anyone wana buy my studio aptmt in kimpo, ohio for 790k??

[westabsupplyebay]

You think 121% of debt to GDP is bad, Japan is 255% debt to GDP.

[davidadkison]

No nation has ever survived government over spending.