US Economy: National debt increases by $1 trillion every 100 days

According to American media, every 100 days the US national debt increases by $1 trillion.

Right now—moment matters because the numbers change every minute—the US national debt is $34.4 trillion. Thus, the US government will have to borrow even more money to pay off previous debts, leading to a “vicious circle.”

How will the US economy get out of this impasse? Only with the help of something… unexpected that will turn everything upside down to such an extent that the debts will be written off and everything will start again.

The US national debt is $34.471 trillion and rising $1 trillion every 100 days

$32T to $33T = 92 days
$33T to $34T = 106 days
$34T to $35T is on pace for 100 days

Within a few years, don't be surprised when the US national debt is increase at $1 trillion per 30 days. We are in… pic.twitter.com/dYnRf1vl2J

— Wall Street Silver (@WallStreetSilv) March 2, 2024

Here’s an idea for the next administration—stop spending. pic.twitter.com/z7PIuORG2y

— @jason (@Jason) March 3, 2024

Bank of America investment strategist Michael Hartnett believes the 100-day model will remain unchanged as the US government debt transitions from $34 trillion to $35 trillion. Against this background, according to the expert, assets such as gold and Bitcoin are approaching their maximums.

American entrepreneur Elon Musk said on social network X that in the future the US federal budget will not be enough for anything other than paying interest on debts.

In his post on the social network, X Musk responded to a post by the famous publicist Shibetoshi Nakamoto, which states that the US government, despite financial difficulties, still considers Elon Musk to be the main problem.

Musk joked that it was his fault, but noted that something needs to be done to prevent the entire federal budget from being spent on interest payments.

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