Analysis: US National Debt Surpasses $37 Trillion for the First Time, Debt Crisis Worsens
BlockBeats News, August 9—According to The Kobeissi Letter, the total U.S. national debt has officially surpassed $37 trillion for the first time in history today. Since July 4, when Trump signed the "Beautiful Act" and raised the debt ceiling, the U.S. national debt has increased by another $780 billion, which averages out to an increase of $2.2 billion per day.
Just last week, the U.S. government issued $724 billion in Treasury bonds through 10 separate sales, making the U.S. debt crisis more severe than ever before.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US Office of the Comptroller of the Currency takes action to eliminate "de-banking" phenomenon
Ant Digital Technologies to Tokenize Energy Assets Worth $8.4 Billion
Two wallets withdrew 20,000 ETH from a certain exchange and staked them on EtherFi
BTC falls below $112,000
Trending news
MoreCrypto prices
More








