Part 1/10:
Understanding the U.S. Debt Crisis and Its Global Implications
The U.S. national debt has crossed significant milestones over the years, reaching a staggering $35 trillion in 2024—an increase of $10 trillion since 2020 alone. The economic relevance of this number extends far beyond mere statistics; it represents a profound challenge that will impact future generations. This article delves into the crisis, exploring its nuances, causes, and potential consequences on both a national and global scale.