This is crazy…For anyone who's still counting:
The US government borrowed $47 billion of debt yesterday alone and isn’t slowing down…
Since the debt ceiling crisis "ended" in June 2023, total US debt is up ~$3 trillion.
Since October 1st, the US government has borrowed ~$10 billion PER DAY.
The worst part?
For the next 340 days, the US debt ceiling is effectively uncapped.
If we keep borrowing at current rates, we could see over $37 trillion of federal debt this year.
Mind blowing numbers.
How will you protect yourself?
Quite of a slope