Fed Chair Jerome Powell is sounding the alarm: U.S. national debt has hit $38.5 trillion, and it's officially "unsustainable". The math is becoming harder to ignore.
- The Debt Clock: U.S. adds $8 billion to debt daily
- The Interest Trap: Interest payments to surpass $1 trillion this year, exceeding national defense budget
- The Sustainability Gap: Debt is outgrowing the economy (GDP), leaving the country vulnerable
"We are borrowing from future generations... we're on an unsustainable fiscal path." — Jerome Powell
The Fed controls rates, but Congress controls the checkbook. Powell's warnings highlight a massive challenge for the next Fed Chair 💔.
Sent an attachment
ENSO
1.584
+34.12%
SPK
0.02407
+9.94%
CVX
2.025
-4.52%
