US Debt Clock

This is kind of fascinating to watch. I see the unemployment goes up about every minute.
Look at how much each US citizen owes to the national debt currently. Better hope the government doesn't decide to cash in.
Actually sounds like something that could be possible with the current crazy party running the show.

https://www.usdebtclock.org/

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CountScrofula · 41-45, M

Debt doesn't really work like that since the debt is almost entirely borrowed from the US itself. If the GDP is stable and the credit rating is good, you can be in debt permanently. The entire British empire was built on debt. US debt was WAY worse for WWII but the economy caught fire in the postwar period and it was fine. The Republicans know that debt is basically free money, and so campaign on cuts then cut revenue and spend recklessly.

The issue is uh, the GDP is not stable. The US credit rating is not good. Many major sectors are suffering and most of the thriving ones are based on speculation like AI. If things crash, the US may not dig itself out of the hole like it did in 2008 because literally nothing is being done to keep the runaway problems in check.