🚨 US national debt has surged more than 170% since 2011. 🇺🇸 2011: $14.79 trillion 🇺🇸 2026: $40.13 trillion That’s more than $25 trillion added in just 15 years. But why does that matter to everyday Americans? 👇 💸 More debt means more interest to pay. As the debt pile grows, servicing it can consume more government revenue. 📈 Higher borrowing needs can put pressure on interest rates and make mortgages, loans and other forms of credit more expensive. 💵 And ultimately, someone has to carry the cost. Governments face choices around taxes, spending and borrowing that can affect households and the wider economy. ⚠️ $40 trillion is the headline. How quickly America got there, and the long-term cost of carrying it, may be the bigger story.
Kinesis MoneyShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.