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The United States has been accumulating debt at an alarming rate, with the national debt growing by $1 trillion every 100 days. Various types of debt, including credit card, student, auto, and mortgage debt, contribute to the overall debt of $34.6 trillion. This rapid increase in debt has significant implications for the country's financial stability and the burden on individual Americans.
The United States is adding $1 trillion to its debt every 100 days. Many continue to be confused by gold. Reread the first sentence; that is just one reason.
Interested in receiving updates on our spiraling federal debt numbers? My Daily Debt Monitor dissects the increase in the total national debt down to borrowing per second — which hit a grim milestone of $100k/sec this week. Visit https://t.co/9GKLQpv6qc to sign up today!
The US accumulates USD 1 trillion in #debt roughly every 100 days. That equals USD 3.65 trillion (3.66 this year) or nearly USD 11,000 for every American annually. With total debt at USD 34.5 trillion, the US adds more than 10% of debt per year. Yes, you should take GDP into… https://t.co/p4XtCftQMs