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Analysis: The total amount of US debt has surpassed 37 trillion dollars for the first time, and the debt crisis has become increasingly serious.
BlockBeats news, on August 9, according to The Kobeissi Letter, the total U.S. debt has officially exceeded $37 trillion for the first time in history. This means that since Trump signed the "Beautiful Big Deal" and raised the debt ceiling on July 4, the total U.S. debt has increased by another $780 billion, which is an average increase of $22 billion per day. Just last week, the U.S. government sold $724 billion in Treasury bonds through 10 sale operations, making the U.S. debt crisis more severe than ever.