September 20, 2023

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.
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