The debt spiral in the U.S. is an accelerating crisis that is threatening our standing as the predominant world power. Surging deficits are being combined with massive rollovers from our existing humongous debt pile. This is compounding into untenable interest payments, which will soon force the Federal Reserve into being a perpetual buyer of Treasuries—one that is the purchaser of first and last resort.
To appreciate the gravity of the situation, consider that Gross national debt stood at less than $6 trillion in 2000. It has now surged past $37 trillion in mid-2025, marking a 520% increase in just 25 years. Worse yet, our debt equals 740% of federal revenue. This guarantees insolvency unless aggressive reforms are undertaken.
The national debt is projected to exceed $67 trillion by 2035, even under optimistic assumptions about economic growth. To put this in context: it took America 250 years to accumulate the…
