US national debt approaches $38 trillion, Bitcoin surge as global investors flee dollar collapse

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  • The US national debt is close to $38 trillion, growing by $6 billion per day.
  • Bitcoin and gold have become safe-haven assets as confidence in the dollar has diminished.
  • The decentralized and fixed-supply nature of Bitcoin makes it an attractive alternative to fiat currencies. Gold is another safe haven.
  • Figures like Ray Dalio advocate allocating a portion of the portfolio to Bitcoin and gold.
  • Trump’s administration has introduced measures to reduce federal spending, but the debt continues to grow.

Article by Willow Tohi, reprinted with permission naturalnews.com

the united states is The national debt is approaching the $38 trillion milestone, increasing by an alarming $6 billion per day. As the value of the dollar declines, investors are turning to safe-haven assets Like Bitcoin and gold, which have seen unprecedented highs. The shift highlights growing concerns over the sustainability of the US debt crisis and the possibility of a global reorientation toward alternative currencies. With prominent figures like Ray Dalio and Larry Fink advocating for asset reallocation, the question arises: Is Bitcoin the antidote to the ailing dollar?

growing national debt crisis

According to the debt dashboard of the US Congressional Joint Economic Committee, the US national debt has increased by $69,890 per second over the past year to $37.9 trillion.This unprecedented growth has increased financial instability, leading to calls for immediate fiscal measures. Representative Keith Self warned that if current trends continue the debt could reach $50 trillion within a decade. With the US, once a symbol of economic stability, now facing an impending financial crisis, spending cuts and deficit reduction have become the central policy imperative.

loan dashboard

  • credit enhancement: The national debt has increased by $2.09 trillion over the past year, with an average daily increase of $5.72 billion.
  • Intergovernmental and Public Debt: Of the total debt, $30.12 trillion is public debt, with an additional $7.31 trillion being inter-governmental debt.
  • Personal Impact: Every American now has $110,020 in debt, and every household has $283,098 in debt.

Bitcoin as a safe-haven asset

Amid the national debt crisis, Bitcoin and gold have emerged as preferred safe-haven assets. Bitcoin’s decentralized architecture and fixed supply have attracted significant institutional attention. In January, BlackRock CEO Larry Fink, once a critic of Bitcoin, predicted that Bitcoin’s future value could reach $700,000. Ray Dalio, founder of Bridgewater Associates, recommends Allocating 15 percent of the portfolio to Bitcoin and gold for optimal return-to-risk ratioThese supports underline Bitcoin’s growing recognition as a hedge against fiat currency weakness.

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global debt epidemic

The US debt crisis is not alone; Global debt reaches record high of $337.7 trillion by the end of the second quarter, driven largely by quantitative easing and a weak US dollar. The International Institute of Finance reports that without fiscal discipline the situation could get out of control. This global shift suggests that the era of fiat currency dominance may be coming to an end, as countries and investors look to stable alternatives like Bitcoin.

Trump administration efforts to slow debt growth

trump administration Took several steps to address the growing debt crisis, including the introduction of the “Big Beautiful Bill Act” in July 2021, which aimed to save more than $1.6 trillion in federal spending. Despite these efforts, Debt continues to growSavings are partially offset by large-scale spending initiatives. Musk’s tenure at the Department of Government Efficiency led to significant savings, but the main challenge remains: How can the US stabilize its fiscal position without hampering economic growth?

Bitcoin’s role in the new economic system

As the US approaches the $38 trillion national debt ceiling, the story about Bitcoin and other cryptocurrencies is changing. Once seen as volatile and speculative, Bitcoin is increasingly being recognized for its ability to offset the weaknesses of fiat currencies. The global acceptance of Bitcoin as a trusted store of value is a significant moment in monetary history, providing a decentralized alternative to emerging threats. excess of government And economic instability.

Sources for this article include:

cointelegraph.com

senate.gov

CoinGecko.com

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Historical: Silver breaks above $51, trading in completely uncharted waters!

Silver made history today, trading not only above $50 but above $51 during the day!

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When Bo first started coming on my show, silver was trading in the low $20s and people would laugh at Bo and laugh at me for putting Bo on the show, saying that silver would never go above $30 – and if it did it would never go above $40 – and that $50 was just stupid.

Well, I guess it’s not so silly anymore.

Silver hits high of $51.20 this morning:

And as Bo tells us, this is the beginning, not the end.

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Bo has consistently said that $50 will be the launching pad from where we will really reach much higher levels, with the potential to exceed $200 soon:

I believe that soon we will see moves of $5-10 per day and this will start to become common.

Wow, what an amazing time to be alive!

However, at first, there will be a bit of a fight at $50.

As Bo says, $50 is a launching pad but what happens when a rocket launches? Lots of fire, smoke and vibrations!

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Bankers tried hard to push it down after it crossed $51 today and the best they could do was bring it down to the low of $49.

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