The national debt just jumped $3.6 trillion in 13 months.

Same playbook every time: raise the ceiling, keep spending, pretend deficits don't matter, repeat.

This isn't a Republican or Democrat thing anymore — it's the bipartisan consensus. Nobody wants to be the adult in the room when voters expect free stuff and markets expect endless liquidity.

The math doesn't care about your politics. At some point, bond markets will.

We're not there yet — but we're closer than most people think.