The national debt of the United States is about to hit another major milestone, getting ready to soar past $22 trillion for the first time ever.
Clearly that is an enormous number… it’s actually larger than the size of the entire US economy, which is pretty incredible.
But what’s always been the more important story about America’s pile of debt is how rapidly it’s growing.
For example, in the span of a SINGLE DAY, from Thursday to Friday, the national debt grew by $73 BILLION. In a day.
To put that number in context, $73 billion is larger than the size of most major companies like General Motors, Ford, and Southwest Airlines.
If you view the situation rationally and understand that, maybe, just maybe, at some point in the future, there might possibly be some consequence to arise from the largest debt pile that has ever been accumulated in the history of the world… and that maybe you should make sensible preparations just in case.
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