Hold onto your wallets, folks! 💸 America’s national debt just hit a jaw-dropping $34.6 trillion — that’s over $102,000 per person — and experts warn it could send shockwaves through global markets. The Congressional Budget Office (CBO) projects debt could balloon to 166% of GDP by 2054, fueled by pandemic stimulus, tax cuts, and rising interest payments. 📈
Why should you care? Imagine your favorite streaming service suddenly hiking prices 🎮 — that’s what happens when governments pay more interest instead of investing in education, healthcare, or green energy. The CBO says interest payments alone could hit $1.2 trillion by 2032, eating up budgets like a Black Friday shopping spree. 🛒
Bloomberg Economics ran *one million* simulations and found an 88% chance the U.S. is on an “unsustainable path.” Think UK’s 2022 market meltdown under Liz Truss, but bigger. Higher debt could mean pricier loans for businesses, slower wage growth, and fewer jobs — a recipe for economic stagnation. 🚨
While lawmakers debate fixes, young professionals and investors worldwide are watching closely. Will the debt spiral trigger a global domino effect? 🧱 Stay tuned — your future coffee runs and career moves might depend on it. ☕️💼
