The US national debt has reached a record of 38.5 trillion dollars.

The US National Debt Reaches a New High

The US national debt has risen to $38.5 trillion. This figure means a debt-to-GDP ratio of over %120 when compared to the gross domestic product (GDP). More than %70 of the country’s total debt is paid to domestic creditors.

The high levels of debt raise concerns about fiscal sustainability. In addition, annual interest payments exceeding $1 trillion place significant pressure on the government budget. This situation has sparked discussions among investors and economic experts about the potential for fiscal dominance to bring interest rates down.

It is anticipated that such high levels of debt could have a positive impact on digital and physical assets like Bitcoin and gold. Investors may be seeking protection in this environment.