U.S. National Debt is currently $33.5 TRILLION – and it’s rising by one BILLION dollars PER HOUR.

At the current pace, the US would add $1 trillion in Federal debt every 45 days.

U.S. Gross Domestic Product (GDP) – which represents the value of the goods and services produced in the United States – is currently rising by $61 million per day.

U.S. Debt is therefore rising 16 x faster than the U.S. economy is growing.

With interest rates rising to 20-year highs, we are going down a very dangerous path.

High Interest Rates Make $33.5 TRILLION of US Debt Unmanageable

Interest expense has increased more in the last three years than in the 50 years prior.

Deficit Spending is Accelerating

The US posted its 3rd largest deficit on record in 2023, spending $1.7 TRILLION more than it brought in.

The US is now spending 44% of GDP per year, the same levels as World War 2.

Based on these economic conditions, expect higher levels of inflation – and higher mortgage rates.