
NATIONAL DEBT REACHES $33 T – PRUDENT INVESTORS CONCERNED BUT MOMO CROWD SAYS DEBT DOESN’T MATTER
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
A Terrible Milestone Reached
Please click here for a chart of U.S. national debt.
Note the following:
- The chart shows the accelerating trajectory of the U.S. national debt.
- The Treasury Department is informing that for the first time, gross national debt has exceeded $33T.
- The chart shows that about $10T worth of debt has accumulated since the pandemic.
- The national debt is likely to exceed $50T by the end of the decade if nothing substantial is done.
- We are politically agnostic. Our sole job is to help investors by being objective.