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"Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame
"Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame
It took the US 200 years to reach its first $1 trillion in debt. It took 95 days to add its last.
After several weeks of build up, today the Treasury announced that total public debt surpassed $40 trillion for the first time, after jumping by over $60 billion in one day, and has now surged by $1 trillion in just over three months, and by a third of the total in less than five years, as US lawmakers...
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"It's not the people who vote that count, it's the people who count the votes." - Stalin https://t.co/G3iT14i3gI pic.twitter.com/hwRJP8kmff
— zerohedge (@zerohedge) June 8, 2026
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