{"id":1428244,"date":"2023-09-18T23:30:00","date_gmt":"2023-09-19T03:30:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1428244"},"modified":"2023-09-18T23:30:00","modified_gmt":"2023-09-19T03:30:00","slug":"us-debt-rises-above-33-trillion-for-the-first-time-soars-by-1-trillion-in-3-months","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/us-debt-rises-above-33-trillion-for-the-first-time-soars-by-1-trillion-in-3-months\/1428244\/","title":{"rendered":"US Debt Rises Above $33 Trillion For The First Time, Soars By $1 Trillion In 3 Months"},"content":{"rendered":"

US Debt Rises Above $33 Trillion For The First Time, Soars By $1 Trillion In 3 Months<\/span><\/p>\n

\n

On Sept 6, when looking at the latest daily debt numbers, we predicted that total US debt would hit the very special (at least for Masons<\/a>) number of 33 in two weeks.<\/p>\n

Early by 2 days. https:\/\/t.co\/HZ9INBIFRf<\/a><\/p>\n

\u2014 zerohedge (@zerohedge) September 18, 2023<\/a><\/p>\n

We were off by 2 days, with the US treasury naturally obliging by hitting the number early rather than late.<\/p>\n

Today, the Treasury announced <\/a>that for the first time, total US debt has surpassed $33 trillion, rising by $56 billion in one day, and by a mindblowing $1 trillion in just the past 3 months<\/a><\/strong>!<\/p>\n

<\/a><\/p>\n

The historic breakout takes place just weeks before the interest on total Federal debt is set to hit $1 trillion<\/a>, surpassing how much the US spends on defense – and soon after – every other outlay category.<\/p>\n

<\/a><\/p>\n

Finally, for those who expect a happy ending, we have one word: “don’t<\/strong>.”<\/p>\n

Here is the CBO’s latest debt forecast. It shows that US debt is now set to hit $50 trillion by 2030 (probably much sooner though), and then proceed exponentially higher until the US currency finally collapses.<\/p>\n

<\/a><\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nMon, 09\/18\/2023 – 19:30<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/markets\/us-debt-rises-above-33-trillion-first-time-surges-1-trillion-3-months<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

US Debt Rises Above $33 Trillion For The First Time, Soars By $1 Trillion In 3 Months On Sept 6, when looking at the latest…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1428244","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1428244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1428244"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1428244\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1428244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1428244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1428244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}