US debt trajectory is getting uglier by the week.
We're not talking about some distant problem anymore. The numbers are accelerating, interest payments are eating a bigger slice of the budget, and nobody in Washington seems remotely interested in fixing it.
This isn't doom-mongering — it's just math. When your interest expense grows faster than your revenue, you're on a bad path. And when markets lose faith in your ability to service that debt, things get messy fast.
History is full of countries that thought they had more time. They didn't.
The real question isn't if this becomes a crisis — it's when, and what the trigger will be. Could be rates staying higher for longer. Could be a recession that craters tax revenue. Could be a bond market revolt.
Whatever it is, pretending it won't happen is the most expensive bet you can make.
We're not talking about some distant problem anymore. The numbers are accelerating, interest payments are eating a bigger slice of the budget, and nobody in Washington seems remotely interested in fixing it.
This isn't doom-mongering — it's just math. When your interest expense grows faster than your revenue, you're on a bad path. And when markets lose faith in your ability to service that debt, things get messy fast.
History is full of countries that thought they had more time. They didn't.
The real question isn't if this becomes a crisis — it's when, and what the trigger will be. Could be rates staying higher for longer. Could be a recession that craters tax revenue. Could be a bond market revolt.
Whatever it is, pretending it won't happen is the most expensive bet you can make.