⚠️ This is a debt crisis

The US government is running the third-highest budget deficit on record and things will get even worse

IMPORTANT ANNOUNCEMENT: Over the last 6 months, the community has rapidly grown, gaining over 600 new readers! 🔥🔥🔥 As a token of appreciation, please find a 20% DISCOUNT for an annual premium subscription. 1 DAY LEFT

Access exclusive analysis exploiting data from the world’s largest research firms and data providers such as Bank of America, JP Morgan, Goldman Sachs, Bloomberg, Refinitiv, WSJ, and others!

In the first 7 months of Fiscal Year 2025, the US budget deficit hit a massive $1.05 trillion, the 3rd-largest on record.

Interest costs alone reached $579 billion.

See every side of every story

"I subscribed because I don't trust any single news source. Ground News saves me time by comparing multiple sources across the spectrum, helping me figure out what's really going on."

Join thousands of subscribers from across the political spectrum who trust Ground News to keep them informed, not outraged.

Over the last 12 months, the federal budget deficit totaled $2.0 trillion or 6.9% of US GDP.

This is despite a $258 billion budget surplus in April due to a larger inflow of income and payroll taxes as well as customs duties.

Meanwhile, the Congressional Budget Office estimates that the US Debt-to-GDP ratio may hit even 225% by 2055 if the US administration’s tax cuts are extended. This forecast does not assume a recession during which the ratio usually rises even faster.

Learn more about the US debt crisis and how this impacts major asset classes in the following two-part analysis, which consists of 44 pages of extremely important content, including charts.

If you find it informative and helpful, consider a paid subscription or become a Founding Member, and follow me on Twitter or Nostr: