• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

U.S. Debt Reaches Record Levels: A Sharp Increase of $2 Trillion

user avatar

by Giorgi Kostiuk

a year ago


According to data from the U.S. Department of the Treasury, the American national debt has increased by nearly $2 trillion since the start of the year, now totaling $35.91 trillion.

Rapid Climb in Debt

In January, the debt surpassed the $35 trillion mark, first reached in July. It is now nearing $36 trillion, with only a $90 billion difference.

IMF Issues Critical Warnings

The International Monetary Fund (IMF) has stated that borrowing rates of major economies such as the U.S. and China are unsustainable. The IMF urges the U.S. to ensure fiscal stability and highlights the necessity of serious reforms.

After years of loose fiscal policies, it has become essential to balance debt levels and rebuild financial buffers.

Global Debt Outlook

According to the IMF, global public debt is expected to exceed $100 trillion by the end of 2024. Current projections suggest that by 2030, debt levels could reach 100% of global GDP. The IMF advises the U.S. and China to develop rapid and reliable debt management plans.

Delayed debt adjustments could lead to erratic market interventions, while sudden fiscal regulations could disrupt economic activity. Gradual and reliable multi-year plans are crucial in this process.

The rising debt level in the U.S. and the IMF’s sustainability warnings indicate an urgent need for action in the country’s fiscal policy. Economic stability can be achieved through disciplined financial policies and a solid plan.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Saylor Defends Strategy's Resilient Balance Sheet Amid Bitcoin Volatility

chest

Saylor defends Strategy's resilient balance sheet amid Bitcoin volatility, emphasizing long-term viability and the ability to pay dividends as long as Bitcoin appreciates.

user avatarDavid Robinson

Apple Introduces New Leadership in Hardware Engineering

chest

John Ternus has been appointed as the new head of hardware engineering, overseeing both hardware and software design teams.

user avatarAndrew Smith

Apple to Refresh Mac Lineup with New Designs and Features

chest

Apple is set to introduce a significant update to its Mac lineup, including new MacBook Pros, MacBook Airs, and desktop options.

user avatarJacob Williams

Zcash Enhances Network Reliability with New Infrastructure

chest

Zcash enhances network reliability by deploying multiregion infrastructure across the US and Europe on January 8, 2026, following the DNS seeder shutdown.

user avatarZainab Kamara

Potential Implications for MicroStrategy from Strive's Model

chest

Strive Asset Management's recent announcement regarding perpetual preferred stock could significantly impact MicroStrategy, which is facing a $3 billion convertible debt burden by early 2025. Adopting Strive's model may help MicroStrategy avoid a liquidity crisis and improve its financial standing.

user avatarTando Nkube

Strive's Perpetual Preferred Stock Aims to Restructure Convertible Debt

chest

Strive Asset Management is issuing perpetual preferred stock to replace its convertible debt, enhancing financial flexibility and reducing future liabilities.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.