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U.S. public debt hits record $37.9 trillion, rising $25 billion daily as fiscal crisis deepens
In the past month alone, the debt has grown by $400 billion, which translates to roughly $25 billion per day. This staggering pace highlights the scale of the fiscal challenges the country is facing.

During the 2008 global financial crisis, the Chinese government massively increased its holdings of US Treasuries, skyrocketing from $477.6 billion at the end of 2007 to $727 billion at the end of 2008, a nearly $250 billion increase in just one year. By the end of 2009, China had continued to rise to $894.8 billion, another $170 billion incredible increase in just one year. By 2014, when the US finally emerged from the crisis, China’s outstanding holdings of US Treasuries had reached $1.2504 trillion, 2.6 times the 2007 level.

This time, however, if another crisis hits the United States, will China still come to its “aid”? Most likely not. Due to the tensions caused by the bilateral trade and tariff war, it would have been a good thing if China had not taken the opportunity to retaliate against the US at that time. However, except for China, very few countries around the world can currently take on such a large amount of US debt in such a short period of time. This time, China holds all the cards.

How will American citizens cope with another crisis?
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正在显示第 1 - 15 条,共 48 条留言
steven1mac 10 月 22 日 上午 9:43 
How does one become bankrupt? Slowly over time and then it suddenly accelerates as interest accumulates.
Cantspel 10 月 22 日 上午 9:53 
The debt doesn't actually matter. No one is able to foreclose on the US for two reasons.
1. Have you seen our military? good luck.
2. Our economy is so intertwined with the worlds markets that if the US was to "default" in a way that would destroy the US it would take out a large portion of the world with it.
China's debt to GDP in 2024: over 300% (with estimates indicating those numbers have grown for 2025)
https://www.omfif.org/2025/03/china-has-just-raised-its-debt-ceiling/

USA's debt to GDP in 2025: 125%
https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/

China better start selling more egg rolls if they want to keep up!
最后由 Master of Off Topic 编辑于; 10 月 22 日 上午 10:37
The global finance market is an imaginary circus. Everybody should stop pretending it's legitimate. The emperor has been parading naked in the streets for centuries.
Corvus XIII 10 月 22 日 上午 10:20 
引用自 Cantspel
The debt doesn't actually matter. No one is able to foreclose on the US for two reasons.
1. Have you seen our military? good luck.
2. Our economy is so intertwined with the worlds markets that if the US was to "default" in a way that would destroy the US it would take out a large portion of the world with it.

Spain funded the worlds economy with its treasure fleet and minted into coins.

Look what happened there.

Trump's America First attitude could make its allies not too eager to assist an arrogant sinking ship when the 'pirates' or 'guerrillas / terrorists' funded by rival powers keep picking at it.

Source : Every Empire in History.
Lord Bullingdon 10 月 22 日 上午 10:27 
The pattern of trashing this country and casting its citizens aside continues! And you get it from both sides. Time to stop playing along with Right vs Left and realize that all of these people are the same team with the same goals.
oldirty` 10 月 22 日 上午 10:27 
引用自 Corvus XIII
引用自 Cantspel
The debt doesn't actually matter. No one is able to foreclose on the US for two reasons.
1. Have you seen our military? good luck.
2. Our economy is so intertwined with the worlds markets that if the US was to "default" in a way that would destroy the US it would take out a large portion of the world with it.

Spain funded the worlds economy with its treasure fleet and minted into coins.

Look what happened there.

Trump's America First attitude could make its allies not too eager to assist an arrogant sinking ship when the 'pirates' or 'guerrillas / terrorists' funded by rival powers keep picking at it.

Source : Every Empire in History.
Im not sure if that matters. Friendship and hatred ends with money, if the prize is right nobody cares.
Cantspel 10 月 22 日 上午 10:36 
引用自 Corvus XIII
引用自 Cantspel
The debt doesn't actually matter. No one is able to foreclose on the US for two reasons.
1. Have you seen our military? good luck.
2. Our economy is so intertwined with the worlds markets that if the US was to "default" in a way that would destroy the US it would take out a large portion of the world with it.

Spain funded the worlds economy with its treasure fleet and minted into coins.

Look what happened there.

Trump's America First attitude could make its allies not too eager to assist an arrogant sinking ship when the 'pirates' or 'guerrillas / terrorists' funded by rival powers keep picking at it.

Source : Every Empire in History.

I think you underestimate how much money very powerful people abroad have in US markets. To allow the US to fail is the equivalent of shooting themselves in the foot. As much as I hate the stock market and the evil it has done, it's pretty much the only thing preventing the world from turning it's back on the US.
Ni-Neith 10 月 22 日 上午 11:20 
引用自 Arvaos ⚚
By 2014, when the US finally emerged from the crisis, China’s outstanding holdings of US Treasuries had reached $1.2504 trillion, 2.6 times the 2007 level.
China is actively selling its reserves and now China has only $730 billion in US Treasury securities left.
Arvaos ⚚ 🥀 10 月 22 日 上午 11:21 
引用自 Cantspel
引用自 Corvus XIII

Spain funded the worlds economy with its treasure fleet and minted into coins.

Look what happened there.

Trump's America First attitude could make its allies not too eager to assist an arrogant sinking ship when the 'pirates' or 'guerrillas / terrorists' funded by rival powers keep picking at it.

Source : Every Empire in History.

I think you underestimate how much money very powerful people abroad have in US markets. To allow the US to fail is the equivalent of shooting themselves in the foot. As much as I hate the stock market and the evil it has done, it's pretty much the only thing preventing the world from turning it's back on the US.

Dalio has already predicted the fall of the US empire.

Ray Dalio argues that the US is in a cycle of decline, mirroring historical patterns of empires, due to a combination of factors including high debt, wealth inequality, political polarization, and internal disorder. He predicts these issues are creating a dangerous period characterized by potential economic and social unrest, which could lead to a weakening of its position as a superpower relative to a rising power like China. Dalio's views are detailed in his book.

Have you read his book?
Cantspel 10 月 22 日 上午 11:38 
引用自 Arvaos ⚚
引用自 Cantspel

I think you underestimate how much money very powerful people abroad have in US markets. To allow the US to fail is the equivalent of shooting themselves in the foot. As much as I hate the stock market and the evil it has done, it's pretty much the only thing preventing the world from turning it's back on the US.

Dalio has already predicted the fall of the US empire.

Ray Dalio argues that the US is in a cycle of decline, mirroring historical patterns of empires, due to a combination of factors including high debt, wealth inequality, political polarization, and internal disorder. He predicts these issues are creating a dangerous period characterized by potential economic and social unrest, which could lead to a weakening of its position as a superpower relative to a rising power like China. Dalio's views are detailed in his book.

Have you read his book?

No I haven't read his book (I wouldn't be surprised if it was ghost written and a money grab, he's not exactly known as a writer). The empires of old aren't that close to the empires of today. There are vague aspects you can attribute to both, but the finer details are far more complex. The US is inexorably tied to the world economy in such a way that it will take a generation or two for other countries to decouple with us. I'm not talking simple trade deals, actual governments are tied to the US with pensions, loans and investments. Even China relies on the US to a point for trade and investments. You can say the US is rotten to the core, but like a tree if it falls it will shred all it's neighbors. Other countries have a vested interest in not letting that happen, least for now.
CJM 10 月 22 日 上午 11:41 
引用自 Arvaos ⚚
How will American citizens cope with another crisis?
Right now we're bailing out Argentina. Who is going to bail us out if that doesn't work, it all goes tits up, and we end up like Argentina?
kbiz 10 月 22 日 上午 11:41 
If the debt is sooo high, why are the Democrats shutting down the government to demand an additional $1.5 trillion in spending? Seems sus.
Vox 10 月 22 日 上午 11:43 
And who best to manage that debt, a guy that bankrupted a casino lmfao.
Arvaos ⚚ 🥀 10 月 22 日 下午 12:23 
引用自 Cantspel
引用自 Arvaos ⚚

Dalio has already predicted the fall of the US empire.

Ray Dalio argues that the US is in a cycle of decline, mirroring historical patterns of empires, due to a combination of factors including high debt, wealth inequality, political polarization, and internal disorder. He predicts these issues are creating a dangerous period characterized by potential economic and social unrest, which could lead to a weakening of its position as a superpower relative to a rising power like China. Dalio's views are detailed in his book.

Have you read his book?

No I haven't read his book (I wouldn't be surprised if it was ghost written and a money grab, he's not exactly known as a writer). The empires of old aren't that close to the empires of today. There are vague aspects you can attribute to both, but the finer details are far more complex. The US is inexorably tied to the world economy in such a way that it will take a generation or two for other countries to decouple with us. I'm not talking simple trade deals, actual governments are tied to the US with pensions, loans and investments. Even China relies on the US to a point for trade and investments. You can say the US is rotten to the core, but like a tree if it falls it will shred all it's neighbors. Other countries have a vested interest in not letting that happen, least for now.

He is far more educated and intellectual than the current populist world leaders.

https://youtu.be/GdvPYKtPL6A?si=aOMYrRJTJTYVcC_J

Watch the video and you will learn the evidence supporting the cycles of empires.
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