FXHedge
FXHedge|Aug 14, 2026 18:04
AMERICA IS ABOUT TO CROSS $40 TRILLION IN DEBT: THE FIRST TRILLION TOOK 192 YEARS, THE LAST ONE TOOK ABOUT 5 MONTHS The United States is days or, at most, a few weeks away from a milestone no country has ever reached: $40 trillion in national debt. As of August 11, the Treasury Department's official tally stood at $39,941,929,832,070.77. That leaves just $58 billion to go. At the recent pace of borrowing, roughly $6.5 billion per day since March, the odometer should roll over before Labor Day. The congressional Joint Economic Committee, using a longer three-year average, projects the crossing by the end of August. The number itself is almost impossible to picture. What is easier to picture is how fast it arrived. Full article: https://www.msn.com/en-us/money/markets/america-is-about-to-cross-40-trillion-in-debt-the-first-trillion-took-192-years-the-last-one-took-about-5-months/ar-AA2a2PHg?ocid=msedgntp&pc=HCTS&cvid=6a7e899c4bfa4789b8402e5e82012b33&ei=88(FXHedge)
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads