Trader who saw $37 trillion debt spiral reveals why you should ignore traditional 60/40 portfolios
Key Points
- The U.S. debt has reached $37 trillion, leading to $1.11 tri...
The U.S. government just hit a debt milestone that makes your credit card balance look like pocket change: $37 trillion. That's a 520% increase since 2000, which puts even the most aggressive growth stocks to shame. While politicians debate the ceiling, smart money is asking a different question: how do you invest when Uncle Sam owes more than some countries' entire GDP?
When Interest Payments Beat Defense Spending
Here's a fun fact that would make any CFO weep: the government now spends $1.11 trillion annually just on interest payments. That's more than national defense, making debt ser...
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