Member-only story
The Day The Debt Ceiling Collapses
When the bubble bursts
It’s wild how something can be so huge, so dangerous, and yet feel like it’s happening far away in some secret government bunker.
I’m talking about the national debt.
Right now, the U.S. owes around $36 trillion. That’s trillion with a “T.” You’d think that number would be impossible to reach without alarms going off. But here we are.
And the craziest part? We just… keep adding to it.
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From Manageable to Monster
Let’s rewind.
In 1974, the U.S. debt was about $2,150 per person. That’s still a lot, but at least it felt manageable. Today? It’s over $100,000 per person. That’s like every man, woman, and child in the country being handed a six-figure bill and told, “Good luck.”
We’re not even pretending to slow it down. In fact, the pace has picked up. Wars, recessions, pandemics…
