Get Ready for a Whopping $10 Trillion Debt Hike by 2029!

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😱 Oh là là! Market soothsayers predict that the US government’s national debt will balloon by another $10 trillion by the end of President Trump’s term. 💰

The decentralized prediction platform Kalshi, with its crystal ball, foresees the US national debt growing from a measly $36 trillion to a staggering $46 trillion by 2029. 🔮

Kalshi has even added a live US debt tracker to its website, so you can watch the national debt grow in real-time. 📈

“Both Democrats and Republicans have failed to curb government spending… Now you can watch the national debt grow live on Kalshi.”

The Kobeissi Letter, a newsletter about global markets, warns that if the US debt reaches $46 trillion, it would be “officially up +100% since 2020” and cautions of dire consequences. 🚨

“On our current fiscal path, US bankruptcy is simply a matter of time. Something must change.”

Ray Dalio, the founder of Bridgewater Associates, has also been sounding the alarm about severe economic and financial consequences as the US national debt is now on pace to rise from about $230,000 per American household to $425,000 per American household over the next decade. 💸

Dalio believes the solution is to cut spending and raise taxes to lower the annual deficit to gross domestic product (GDP) ratio. 📉

“This printing and devaluing is not good for those holding bonds as a storehold of wealth, and what’s bad for bonds and US credit markets is bad for everyone because the US Treasury market is the backbone of all capital markets, which are the backbones of our economic and social conditions.

Unless this path is soon rectified to bring the budget deficit from roughly 7% of GDP to about 3% by making adjustments to spending, taxes, and interest rates, big, painful disruptions will likely occur.”

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2025-07-10 15:01