Meeksfreaks (@Meeksfreaks)

U.S. Debt =$40 trillion, Fiscal 2026 deficit $2.1 trillion. The Sovereign Reset: Escaping the Interest Trap with Greenbacks By Ellen Brown Global Research, September 04, 2026 In August 2026, the U.S. debt reached a gravity-defying $40 trillion, with an estimated fiscal year 2026 deficit of $2.1 trillion. Interest on the debt hit a record $1.4 trillion over the last 12 months and now consumes more than any federal program except Social Security and Medicare, eclipsing defense spending for the first time in U.S. history. Paid with borrowed money, interest compounds exponentially, making it the fastest-growing part of the budget, far outpacing economic growth. By 2036, the Congressional Budget Office projects that interest costs will double to $2.1 trillion, with debt held by the public reaching 120 percent of GDP. The CBO director has declared the trajectory to be “not sustainable.” Increasingly, prominent analysts are saying the United States will have to “print” its way out. But using whose printing press, printing what? ... https://www.globalresearch.ca/escaping-interest-trap-greenbacks/5939146