In a matter of weeks, the U.S. national debt surged by $473 billion, reaching a staggering $35.8 trillion. Each American now bears an average debt of $103,700, while soaring interest payments exceed $1 trillion in 2024. Critics argue that the Biden-Harris administration’s fiscal policies create an illusion of prosperity at the expense of future generations. This article delves into the implications of such reckless economic management and advocates for a return to fiscal responsibility.

As U.S. debt skyrockets to $35.8 trillion, concerns over economic collapse grow. Rising interest payments, mounting national debt, and fears of election interference pose significant risks to America’s financial future. In this article, we explore the historical context, recent economic policies, and the potential fallout from unsustainable debt, drawing lessons from past crises to better understand today’s challenges.

Discover how the upcoming Nonfarm Payrolls report could impact gold, stocks, and forex markets. Explore five potential scenarios based on job growth data, and learn what it means for Fed rate cuts, economic optimism, and global market trends. Stay ahead of market volatility with this in-depth analysis.