US Debt Reaches $37 Trillion: Is It a Crisis?

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Source: Yahoo Finance
US Debt Reaches $37 Trillion: Is It a Crisis?
Photo: Yahoo Finance
TL;DR Summary

The US national debt has reached $37 trillion, with recent budget and tax policies potentially increasing it by at least $3 trillion, raising concerns about the country's long-term fiscal sustainability as the dollar weakens and borrowing costs rise, prompting warnings from experts like Ray Dalio about possible future economic trauma.

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